Factbox: China's progress on business resumption

APD NEWS

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Amid the further containment of COVID-19, China is forging ahead with business resumption. The following are the latest facts and figures:

-- China's consumption is on recovery path and further measures are underway to boost consumption upgrading and optimize supplies, an official with the country's top economic planner said Sunday.

As part of efforts to spur consumption recovery, China will further push upgrading of auto consumption and encourage circulation of used cars, with tax support policies for purchases of new energy vehicles, according to Ning Jizhe, deputy head of the National Development and Reform Commission.

-- Manzhouli, the largest land port on the China-Russia border, has seen 1,100 China-Europe freight trains so far this year, marking an 11 percent increase year on year, according to sources with China Railway.

There are currently 52 routes of China-Europe freight trains via the land port, which help promote the trade between 60 Chinese cities and 28 cities in 13 European countries including Germany, Poland and Belgium, according to China Railway's Manzhouli railway station.

-- The 17th Hainan International Auto Exhibition concluded Sunday in Haikou, capital of south China's island province Hainan, with a transaction volume of 1.5 billion yuan (about 200 million U.S. dollars).

Covering about 50,000 square meters, the four-day event was the first of its kind in Hainan since COVID-19 hit the country, which attracted nearly 100 auto brands and about 150,000 visitors, according to the exhibition committee.