Fiscal spending likely to focus more on public services to improve livelihoods.

$30.6b earmarked for mixed-ownership reform, cutting-edge technology.

The 10 projects involve total investment of about 13.56 billion yuan and will be developed into 513,000 square meters of gross floor space.

The purchasing managers' index of China's manufacturing industry was 51.9 percent in December.

China's consumption of steel products is expected to grow marginally next year.

China will resolutely cut the output of crude steel and ensure it falls year on year in 2021, a senior official said .

Chongqing Iron & Steel (Group)'s steel output broke through 7 million tons.

METI predicts that Japan's crude steel output will reach 23.5 million tons in the first quarter of 2021.