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As the trade tensions have escalated after the United States imposed hefty additional tariffs on a large amount of Chinese goods, enterprises in China need to rethink the shifting of value chains and the consequences, the economist said.

As the essential material to make medical masks, melt-blown non-woven fabric is the filtering layer in the middle part of the mask.

As the pandemic swept other parts of the world, fast-recovering Chinese companies are playing a role in stabilizing the global industrial supply chain.

As rising fiscal expenditure near the end of the year kept the banking system liquidity at a relatively high level, reverse repos were skipped, the PBOC said on its website.

As to the lingering doubts whether it's possible for nations to advance economically while having fewer resources than China, the white paper points out the difference between China and other developing countries is not as vast as one might think.