Profits at China's major industrial companies declined at a slower pace in March amid a steady recovery in industrial production, the National Bureau of Statistics said on Thursday.
China's top economic regulator announced on Wednesday it will take steps to encourage consumption and boost momentum, including stabilizing strong spending on cars, in a bid to consolidate the recovery trend this year.
The China-Laos Railway has reached its full potential for connectivity, following the recent launch of cross-border passenger services. The mega project is expected to play a bigger role in promoting further exchanges between the two countries.
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