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China's growth has slowed over the past few years, tumbling from more than 10 percent for years to 6.7 percent last year.
China's domestic oil output rose 2.4 percent year-on-year to 48.57 million tons from January to March, while sales of refined oil products went down more than 20 percent from a year earlier, official data showed.
China's exclusive national carrier, Air China, celebrated the launch of its newest route between the United States and China at Tom Bradley International Terminal of Los Angeles International Airport.
China's major steps in reviving the economy include the following: 1) Large monetary stimulus has been used, but with emphasis on limiting the increase in private or public debts. 2) Fiscal stimulus has focused on infrastructure programs that can get people back to work. 3) SMEs have been given special access to loans and their taxes have been cut. 4) Local officials have been charged with opening up businesses if and only if their region has contained the virus. The Chinese government's fine-grained information about local economies allows it to make such localized decisions, while many Western countries will have to use blunter macroeconomic policies. 5) Supply chains are being restored as factories coordinate restoring production. 6) China will continue its long-term plans pushing more market-oriented reforms and international opening up. And 7), as noted above, policies have prioritized restoring jobs and protecting poor people.
China's national weather observatory continued a yellow alert for rain on Saturday, with more heavy rain expected across the country in the next few days.
来源：资阳报