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China kicked off the commercialization of 5G on Oct 31, 2019, with the nation's big three telecom operators rolling out their 5G data plans. China Mobile, China Unicom and China Telecom echoed their intentions of joining hands and accelerating construction of 5G network infrastructure. They also disclosed in March that they would invest a total of about 180 billion yuan on 5G this year.

China saw faster growth of tax revenue in the first quarter of this year, reflecting the stable and improving momentum of the overall economy, data from the top tax authority showed on Thursday.

China will also build financial platform for industrial cooperation.

China will accelerate the building of a more efficient circulation system for agricultural products and a modern market system, according to a joint work plan released by government agencies including the Ministry of Finance and the Ministry of Commerce.

China set a CPI growth control target of 3 percent for this year in March. In 2017, real CPI growth was 1.6 percent.