China has continued to increase financial support for carbon reduction and set up a new system to push energy transformation, an official said before the closing meeting of the fifth session of the 13th National Committee of the Chinese People's Political Consultative Conference (CPPCC) on Thursday.

China's intensified efforts to boost the consumption of green and smart home appliances and the replacement of old home appliances are expected to stimulate the purchasing power of consumers, shore up economic growth, and foster high-quality and sustainable development, industry experts said.

China's full-year inflation is likely to stay generally under control in 2022 with the government's effective measures to ensure stable supplies and prices of bulk commodities, experts said.

Chinese manufacturer CRRC Zhuzhou Locomotive Co., Ltd. said Thursday that tests have been completed for its next generation of commercial maglev train.

China is fully capable of achieving its GDP growth target of around 5.5 percent, as the country has ample space in macroeconomic policies to buffer short-term pressures, political advisers and experts said on Wednesday.

A staff member puts seeds into an unmanned seeding machine in the Datian rural cooperative in Jiangxiang Town, Nanchang County of east China's Jiangxi Province, March 8, 2022. In the spring farming season, managers of Datian rural cooperative has carried out a smart farming program with the application of various unmanned devices, which has greatly improved the efficiency of agricultural production.

The closing meeting of the fifth session of the 13th National Committee of the Chinese People's Political Consultative Conference (CPPCC) is held at the Great Hall of the People in Beijing, capital of China, March 10, 2022.

Aerial photo taken on March 7, 2022 shows the scenery of cole flower fields in Panzhou, southwest China's Guizhou Province. In the process of consolidating poverty alleviation achievements and promoting rural revitalization, Guizhou has actively guided farmers to change farming methods and develop suitable agriculture industry in mountainous areas. 

Whole-process people's democracy, a creation of the Communist Party of China (CPC) in leading the people to pursue, develop and realize democracy, embodies the Party's innovation in advancing China's democratic theories, systems and practices.

China's property sector may slightly recover from the downturn due to easing policies while debt pressure remains, experts said.