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China's trade in emerging services saw a 12.6 percent year-on-year increase in the first quarter of 2019, 10 percentage points higher than the total service trade growth.

China's top banking and insurance regulator issued draft rules on commercial banks' online lending business in May. The regulator affirmed the cooperation between banks and third-party institutions on offering online lending services to small businesses and gave specific instructions on how to promote sound development of this business model. Now that the policy is clear, banks and third-party institutions will make long-term arrangements accordingly, Bai said.

China's shrinking working-age population should not cause alarm, experts said, after figures released recently by the National Bureau of Statistics showed declines in the number of workers over seven consecutive years.

China's snow and ice sport industry is growing rapidly in the run-up to the Winter Olympics in 2022.

China's steel industry notched up a creditable achievement last year. It improved product quality, which helped increase prices and boosted companies' financial performance. All this was made possible by rigorous capacity cuts, in response to the government's call to the sector to deal with overcapacity, rationalize and modernize.