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China will soon become the first country to have its crude steel output exceed 1 billion tons in 2020, said Li Xinchuang, chief engineer of the China Metallurgical Industry Planning and Research Institute, in an interview to the Xinhua News Agency earlier this week.
China will control local government debt growth, crack down upon financial irregularities and improve supervision on Internet finance.
China will encourage foreign investors to enter its trust, financial leasing, auto finance, money brokerage and consumer finance sectors, a move to take effect before the end of this year, said Yi Gang, governor of the People's Bank of China, at the Boao Forum for Asia annual conference in the southern Hainan Province.
China's State-owned enterprises' (SOE) operating revenues increased 3.9 percent year-on-year during 2019's first two months, with profits up 15.3 percent compared with the same period last year, the country's top SOE regulator said on Saturday.
China's ODI fell by 0.6 percent on a yearly basis to 551.51 billion yuan during the first nine months of the year. Chinese companies signed 518 project deals with contract value of more than million each in the first three quarters. The total value of these projects reached 4.88 billion, according to the ministry.
来源：资阳报