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"But production has still declined by around 500 million so far this year compared to 2016," Cao added, declining to disclose the exact number minted or overall coin production.

"China may further loosen monetary policy and launch various measures, including further increasing the credit supply to meet the real economy's needs and further reducing its financing costs, encouraging banks to issue more loans to small and micro businesses and introducing innovative monetary policy instruments," said Zeng Gang, deputy director-general of the National Institution for Finance & Development.

"China has signed multiple memorandum of understanding on cooperation with many EU countries and held joint meetings to strengthen supervision cooperation with these countries and to ensured sound and stable run of branches of Chinese banks within EU jurisdiction," the statement said.

"China expressed thanks to the Japanese side for their rescue efforts," he said.

"China overtook Australia as our top export market in 2013 and has remained at the top every calendar year since," international statistics manager Tehseen Islam said in a statement.