India's JSW Steel's crude steel production and capacity utilization rate decline in April

India's largest steel company cuts production by 10% due to epidemic

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

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.

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.

Deng Jun, executive vice-president of Aux Group, said, "The rising prices of aluminum, copper and steel (iron ore) have forced us and the whole industry to raise product prices."

In the January-March period, crude steel output rose 15.6 percent year on year to 271 million tonnes.

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