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During the first five months of this year, large industrial firms gained profits valued at 2.73 trillion yuan (3 billion), up 16.5 percent from the same period a year ago, as profits in heavy industries, such as oil and natural gas extraction, rose sharply, according to data from the National Bureau of Statistics.

During the past five years, Xi has made 50 grassroots inspections and 28 visits worldwide.

During that period, Chinese buyers acquired real estate in the US worth .4 billion, compared with .4 billion a year earlier. They were followed by Canadians, who bought homes costing a total of billion, according to the report.

During the trade fair, a total of 37,184 coupons and vouchers were dispatched to four districts in Guiyang, including Nanming, Yunyan, Baiyun, and Jingkai, to boost consumption, head of the Guiyang Bureau of Commerce, told people.com.cn the novel coronavirus has had a negative impact on consumption, while the 2020 Guiyang Import and Export Online Fair played an important role in promoting trade and consumption, and boosting the local economy.

During the first half, B2C online retail accounted for about 75.8 percent of the online retail market, a 4.1 percentage points rise from the same period last year. Specifically, sales of consumer goods such as cosmetics, smart homes and healthcare products increased rapidly, with year-on-year growth exceeding 30 percent.