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China has closed many old plants and merged hundreds of producers in pursuit of efficiency, and to cut overcapacity.
China exported goods worth 11.86 trillion yuan (.71 trillion) in the first three quarters, up by 6.5 percent compared with the same period last year, according to the General Administration of Customs. At the same time, imports and exports of goods increased by 9.9 percent to 22.28 trillion yuan.
China can achieve its target of having about 1 million 5G base stations by the end of this year, despite the US government's latest curbs on Huawei Technologies Co, a national political adviser and renowned 5G expert said.
China has a population of around 1.4 billion. "This is a major factor and no economy in the world can ignore this basic figure," said the former ambassador.
China has called for new infrastructure development, including 5G, artificial intelligence and the industrial internet to offset the economic impact of the pandemic and boost sustainable growth.
来源：资阳报