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China's granting export quotas for refined oil products to non-State-owned refineries in the Zhejiang Pilot Free Trade Zone will ease the country's domestic oversupply of petroleum products, while sharpening the competitive edge of local refiners, said insiders.
China's economy showed signs of softening in July, which could prompt more policy easing and supportive measures to stimulate growth, analysts said on Wednesday.
China's monetary authority will maintain a prudent monetary policy in the second half of this year, although some external factors may add to economic growth pressure, according to the country's central bank.
China's once-sizzling property market has shown signs of cooling as prices have faltered in major cities amid tough government curbs. Central authorities have reiterated on many occasions that "housing is for living in, not speculation".
China's handling of the outbreak has been bearing fruit, with new infection rates slowing. China has also been sharing lessons and providing assistance.
来源：资阳报