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China-Germany cooperation in cross-border renminbi business has made extraordinary progress. In the past year, three German institutions including Deutsche Asset Management, have been approved as RMB-qualified foreign institutional or RQFII investors, which accumulated an overall quota of 10.54 billion yuan (.51 billion).

China's railway department has been resuming production for major projects in an orderly and scientific manner, People's Daily reported.

China-Europe freight rail services have expanded in the first quarter of the year, with the cargo trips hitting a record monthly high in March, according to the country's top railway operator.

China's worldwide direct investments surpassed 120 billion dollars in 2017, but Turkey's share of them was below 1 billion dollars, according to official statistics.

China's yuan funds outstanding for foreign exchange continued to decline in February.[Photo/sipaphoto.com]