The country also phased out the production of 140 million tons of low-quality steel made from scrap metal last year.
The country is also expected to remain the world's largest primary energy consumer despite slowing demand growth.
The counter-cyclical factor is expected to help stabilize the yuan at a reasonable and equilibrium level in the future, said the People's Bank of China, the central bank, in the statement.
The corridor will not only promote the Belt and Road Initiative, or the Silk Road Economic Belt and 21st Century Maritime Silk Road, but also benefit deep development and cooperation between China and ASEAN countries.
The cooperation between China and Australia does not harm or target third parties, nor should it be affected by third parties, said the premier.
The country successfully predicted the magnitude 7.3 earthquake in Haicheng, Liaoning province, in 1975 and dozens of other earthquakes, he said.
青龙关于阳痿早泄的治疗
The country needs to come up with more effective measures to cushion potential impacts, she said.
The corps has turned the country's driest region into the biggest area using water-saving irrigation technologies, and it now produces a sixth of China's cotton.
The country has started an emergency approval procedure this year, approving 43 kinds of diagnostic kits and a large quantity of medical equipment to combat COVID-19.
The construction industry in China is significant and under pressure to generate growth. Considering the fact that China, together with the US and India, are leading the way and accounting for 57 percent of all global growth in the construction market, which is believed to grow to trillion by 2030, the potential in China is huge, he said.