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China aims to increase the urbanization rate by at least 1 percentage point by the end of this year, according to a document posted on the NDRC's website. The proportion of urban population to total population reached 59.58 percent in 2018.
China National Offshore Oil Corporation headquarters in Beijing towers over flowering trees, April 4, 2018. [Photo/IC]
China State Railway Group said it had faced labor shortages, an insufficient supply of raw materials and logistics problems due to the pandemic, but had overcome the difficulties and resumed construction of all railway projects.
China National Petroleum Corp, the country's largest oil and gas producer by annual output, produced 103.3 billion cubic meters of natural gas in 2017, a year-on-year increase of 5.3 percent.
China CITIC Bank Corp Ltd witnessed a substantial improvement in asset quality last year. [Photo/Sipa]
