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Credit card spending grew 6.4 percent in September from a year earlier, but revenue in department stores declined 4.1 percent in the month.

Countries such as the United States and many European countries have adopted electric furnaces in steelmaking to deal with scrap of cars, buildings and other steel waste during the early developing stage.

Could this be the dawn of the smart speaker — or perhaps smart home — era?

Consumption contributed 77.2 percent to economic growth in the first quarter, up from 64.6 percent the prior year. Services contributed 61.7 percent of Q1 GDP. High-tech industry's value-added output for January-March increased 13.4 percent.

Consumption has been supported by low unemployment and steadily rising incomes, while the shift from the business tax system to the value-added tax in 2016 is supporting the outsourcing of services and the development of the sector, it said.