A widening gap between export and domestic prices fuelled the increases.

Profits at industrial firms declined at a slower pace in April as production and sales rebounded amid the nationwide restoration of economic activities, the National Bureau of Statistics said on Wednesday.

"As one of the first national demonstration cities for 5G, Urumqi has provided a primary ecosystem for the commercialization of the network," Yasen said.

UK's Chancellor of the Exchequer Rishi Sunak has authorized a bailout plan to rescue companies that are seen as strategically important.

SOEs' reform will help govt focus on innovation, tech-driven growth, experts say.

Croatian PM happy with progress of Peljesac Bridge construction.

CIS export slab prices have continued to climb in the second half of May, supported by Turkish customers accepting higher-priced deals.

Steelmaker ArcelorMittal is to receive a €75 million ($82 million) loan from the European Investment Bank (EIB) to be used on its projects intended to reduce carbon emissions.