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Chinese Premier Li Keqiang makes an inspection tour to the General Administration of Customs in Beijing, capital of China, May 21, 2018. [Photo/Xinhua]
China's sportswear market is forecast to post strong momentum, said Euromonitor International, ranking No 2 after the United States by market value. In 2018, the sportswear market in the US was valued at 7 billion and will grow to 8.2 billion by 2023. The number was .5 billion in China in 2018 and is expected to hit .1 billion in 2023.
China's renminbi hit its highest level in nearly three weeks against the US dollar on Wednesday, mainly driven by market forces, according to analysts. They said they expected no change in its flexible floating.
China's regional development blueprint changes with local situations, and development trajectories vary from region to region.
China's transportation goals set in the 13th Five-Year Plan (2016-2020) are expected to be fulfilled satisfactorily, said Minister of Transport Li Xiaopeng at a news conference on Thursday.