Chinese yuan appreciated over 2% since last week, and the trend is upward further, and today almost broken 6.4yuan by one dollar. Why ?

Chongqing Iron & Steel (Group)'s steel output broke through 7 million tons.

Fiscal spending likely to focus more on public services to improve livelihoods.

It started construction on Aug 16 with an area of 6,500 square meters.

The steel giant is going to pursue latest technologies and innovation and emerge as the global steel industry leader, said its chairman.

The 10 projects involve total investment of about 13.56 billion yuan and will be developed into 513,000 square meters of gross floor space.

$30.6b earmarked for mixed-ownership reform, cutting-edge technology.

The purchasing managers' index of China's manufacturing industry was 51.9 percent in December.