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China plans to cut 30 million tonnes of ineffective steel capacity and 150 million tonnes of coal capacity in 2018, according to a government work report released earlier this year.
China will continue to accelerate the push for improving its business environment in an effort to spur high-quality economic development amid mounting downside pressure and uncertainties, the country's top economic regulator said on Friday.
China set the tone of its monetary policy in 2017 as prudent and neutral, keeping an appropriate liquidity level but avoiding excessive liquidity injections.
China will allow subsidiaries of qualified mainland-listed firms to go public on the A-share market as independent entities, catering to needs of listed firms with diverse business scopes, the country's top securities regulator said on Friday.
China saw 13.82 million second-hand cars sold in 2018, up by 11.46 percent year-on-year. Sales reached 860.3 billion yuan (4.7 billion), up by 6.31 percent, according to the China Automobile Dealers Association.
来源：资阳报