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China would like to work with Niger to jointly implement the outcomes of the Beijing Summit of the Forum on China-Africa Cooperation, strengthen strategic cooperation and bring more benefits to the people of both countries.

China's 2 trillion yuan (1 billion) tax and fee cut plan continued to pull down government income in October, pushing officials to expand non-tax revenue and maintain stable fiscal spending to support economic growth, according to the Ministry of Finance.

China's capital intensity ratio was 1 percent in 2001, and as of 2016, it was 18 percent, marking an 18-fold growth. Now, with overcapacity, and excess inventory and capital, China should go global supported by capital accounts, facilitating outflows of the renminbi through overseas investment and export of capital. Meanwhile, China should bring back the renminbi by exporting industrial products. Then, a full circulation cycle of the yuan will be completed.

China's centrally-administered State-owned enterprises will be characterized by integrity and social responsibility as they participate in high-quality projects of the Belt and Road Initiative, a senior regulator said on Saturday.

China's 25 leading excavator makers sold a total of 20,939 excavators last month, up 51.3 percent year-on-year, according to the China Construction Machinery Association.