Even though China's foreign trade surged more than 29 percent on a yearly basis in the first quarter, the public should not get unduly optimistic.

Even if inflation rises in the future, as long as such a rise remains moderate, the benefits to the economy will outweigh the negative impacts.

That month, a high-speed train linking Beijing and Chengde city in Hebei went into operation.

With more than 10,000 registered coal traders, the CTCTC is the largest coal trading center in China.

Sales revenues of the enterprises reached 1.54 trillion yuan, up 52.28 percent compared with a year ago, showed the data.

Support is being given to peaking pioneers from localities, sectors and companies.

Market analysis says higher steel prices could also benefit decarbonization initiatives in the industry.

The measures will go into effect on June 1, the ministry said.