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China's benchmark prices for spot interbank gold transactions were higher Friday, according to the China Foreign Exchange Trade System.[Photo/Sipa]
China will roll out policies to accelerate the commercialization of 5G, with radio-frequency plans and licenses for the fifth-generation mobile communication technology coming out "in time", the Ministry of Industry and Information Technology said on Thursday.
China's Internet companies are not missing out on the opportunities that the initiative brings. JD.com, a major e-commerce site, has already started operating in Indonesia. It is planning to open more than 20 overseas warehouses in the next five years to store and transfer goods from over 100 countries and regions including those along the Belt and Road.
China's GDP logged a 6.7 percent growth in the second quarter of this year, with the pace of expansion staying within the range of 6.7 to 6.9 percent for 12 straight quarters. Final consumption contributed to 78.5 percent of the economic expansion in the first half of the year.
China's GDP expanded 6.8 percent year on year in the first three months of 2018, unchanged from the growth rate in the previous quarter, official data showed last week.