China likely to unveil new steel industry dev. guidelines before end of 2018
BEIJING, May 16 (Xinhua) -- China is expected to release a new version of the steel industry development guidelines at the end of this year, the Xinhua-run Economic Information Daily reported on Wednesday.
Chinese premier stresses brand building
Chinese Premier Li Keqiang has urged stepping up brand building and helping more Chinese products go abroad and win global recognition.
China’s steel exports expected to fall below 70mln tonnes in 2018
China exported 6.476 million tonnes of steel in April, down 0.2 percent year on year and 825,000 tonnes higher than the previous month. Analysts estimated that China’s steel exports in 2018 are likely to fall below 70 million tonnes.
China to expand cross-border RMB use
China will continue to expand cross-border use of its currency Renminbi yuan this year, according to the central bank.
China's forex reserves drop in April
China's foreign exchange reserves stood at 3.1249 trillion U.S. dollarsThis was lower than 3.1428 trillion dollars registered at the end of March, according to the People's Bank of China (PBOC).
