The official manufacturing Purchasing Managers' Index expanded for the 10th straight month in May, suggesting a stabilizing economy. The GDP grew 6.9 percent year on year in the first quarter, the fastest increase in a year and a half.
The official urged the International Monetary Fund to increase general allocation of its Special Drawing Rights-the IMF units based on a basket of leading currencies that can boost all members' foreign reserves and purchasing power, to especially help developing countries enhance international payment capacity and tackle shocks of the COVID-19 crisis.
The official said that it was difficult to scale up production amid the contagion, as each ventilator has more than 1,000 components, and some major suppliers of these parts are located in Europe. "It is also unrealistic to expect that China, which accounts for one-fifth of the global production, can meet the entire demand," Xu said.
The novel coronavirus doesn't stop Li from teaching. He has uploaded several online digital art courses for his students and they are also open to the public for free.
The official survey mainly samples large companies, while the Caixin survey mainly covers small and medium-sized enterprises, especially those in eastern coastal regions.
The number of certificates required for cross-border commerce will be reduced, and a mechanism enabling importers to declare their goods in advance also will be implemented, she said.
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The number of voluntary blood donations has seen 21 years of consecutive growth in China, from 328,000 in 1998 to 14.99 million in 2018, the NHC figures show.
The number of mobile phone subscribers of the company increased by 2.44 million in the first quarter to 266 million, it said.
The next day, the world's first AP1000 nuclear power plant based in Sanmen, East China's Zhejiang province, started power generation.
The non-manufacturing sector accelerated the pace of growth in March with its PMI standing at 54.6 percent, up 0.2 percentage point from 54.4 in February and the number has remained above 54 percent for 7 consecutive years.