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China's economic performance index ranked second among the economies surveyed. The country managed to create more than 13 million urban jobs for four consecutive years, despite downward pressure. The registered unemployment rate in Chinese cities stood at five percent over the past four years.

China's export of steel products dropped 5 percent to 50.31 million tons for the first nine months of the year, according to CISA data.

China's new economic development pattern of "dual circulation" relies on domestic circulation to drive its international circulation and promotes deeper and wider opening-up, experts said on Tuesday.

China's economic growth could reach 6.8 or 6.9 percent in the first half of this year, a senior national statistics bureau official said on Wednesday.

China's forex reserves rose for the third month in a row in April, as the cross-border capital flow became stable and the Chinese currency, renminbi, stabilizes against the US dollar.