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China's nonmanufacturing PMI stayed unchanged from the previous month and stood at 54.3 in May, registering the fifth month in a row with a reading of above 54.
China's industrial output posted steady growth in the first two months of this year, up by 7.2 percent year-on-year, 1 percentage point higher than in December, official data showed Wednesday.
China's economic growth is projected to decline to 2.3 percent in the baseline or most likely scenario and to 0.1 percent in a worse-case scenario in 2020, down from 6.1 percent in 2019, the World Bank said in the updated economic report for the East Asia and Pacific region issued on Tuesday.
China's leading Wanda Film Holding Co Ltd reported an estimated drop in first-half profit of between 55 percent and 65 percent year-on-year to between 481 million ( million) and 619 million yuan, compared to the same period in 2018 when the company's profit hit 1.38 billion yuan.
China's financial service firm CIFS launched three business platforms Thursday at its conference with a theme of "Fintech Go" in Beijing.
来源：资阳报