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China is also eyeing an annual average expansion of around 7 percent in the added value of the industry, with the increase of the grain processing rate to 88 percent. By 2020, the number of grain companies with yearly business revenue of more than 10 billion yuan (.5 billion) should exceed 50, the guideline said.
China is not going to have a large-scale consumer price inflation though the novel coronavirus outbreak will lead to higher CPI pressure in the short term, a central bank official said on Saturday. [Photo/China News Service]
China is the world's largest bicycle exporter with its output accounting for about half of the global total, though its export volume and unit price have reached a plateau, Chen Junbin, a research fellow at CITIC Securities, said in the report.
China has become a major engine for world economic recovery and growth, contributing nearly 30 percent on average to global economic growth every year, said Wang at the briefing in Geneva.
China has raised retail oil prices twice so far this year.
来源：资阳报