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China's real estate sector remains the stabilizer of China's economy, and digital techniques will play a critical role in the new round of development driven by consumption, a senior expert said.
China's trade surplus with the United States in the first quarter was 342.1 billion yuan (.7 billion), a year-on-year increase of 6.7 percent, according to the General Administration of Customs.
China's top antitrust authority said on Friday it has already made "important" progress in its probe into three dominant chipmakers, including Samsung, over possible price fixing.
China's steel consumption is expected to hit a record in 2019, and this would then be followed by a slight decline in demand in 2020, a new report by the China Metallurgical Industry Planning and Research Institute released on Thursday said. The report added that the country's crude steel output is also expected to fall in 2020 from 2019.
China's tax revenues can be divided into three categories: central tax, local tax and tax shared between the central and local governments. VAT accounts for the majority of shared tax revenues.
来源：资阳报