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Globally, monetary policy normalization in some large developed economies, or the retreat from quantitative easing after the global financial crisis, may become one of the major uncertainties for China, requiring highly cautious policymaking that aims at building buffers and increasing resilience, a group of economists from the International Monetary Fund said on Thursday.

Globally, the year-on-year increase is projected at 7 percent, according to Cao.

Gold demand in the technology sector also recovered last year, up 3 percent to 333 tonnes compared with 2016, ending a six-year downtrend.

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Great Wall has become the nation's leading SUV maker by offering local consumers spacious models with a higher ride and at cheaper prices than sedans made by foreign makers such as Volkswagen AG and General Motors Co. That strategy helped propel the company to a 26 percent sales surge last year.

Groundings around the world of Boeing 737 MAX aircraft in the aftermath of two deadly crashes involving the planes could have a prolonged, "harsh" effect on aircraft manufacturer Boeing Co, including delayed delivery of materials and cancellation of orders, according to a major credit rating agency.

Government departments should perform their duties in accordance with the law and make dedicated efforts to achieve the targets for this year' s economic and social development.

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Governments in many countries have imposed border controls, lockdowns and other restrictions to stem the spread of the coronavirus and prevent more outbreaks. But such measures come at a huge economic cost.

Guangdong police launch a month-long, province-wide publicity campaign on Saturday to urge local residents to abide by laws and avoid gambling. [Photos provided to China Daily]

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Green financing has maintained rapid growth as banks are encouraged to lend more support to the real economy. [Photo/IC]

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