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China will pursue a more proactive and effective fiscal policy in 2017 to support economic growth, with the government fiscal deficit set at 3 percent of GDP, or 2.38 trillion yuan for this year, a year-on-year increase of 200 billion yuan.

China's Jingye Group has confirmed it will buy and modernize the United Kingdom's beleaguered British Steel.

China will fight trade unilateralism and protectionism to the end and will not hesitate to pay any price to strike back with possible new and comprehensive countermeasures to defend the country's interests, the Ministry of Commerce said in a statement earlier on Friday.

China's General Administration of Sport has called upon sports departments at all levels to promote simple and scientific exercises at home and further fitness knowledge, and advocate a healthy lifestyle via various media during the epidemic.

China will provide proposals for World Trade Organization reforms and enhance communication with member countries and regions to deal with trade issues. That will strengthen the WTO and jointly maintain free trade and the multilateral trade system, he said.a