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China's largest bank by capitalization ICBC raked in net profit of 76 billion yuan (.03 billion) in the Jan-March period, up 1.5 percent year on year.

China's decision-making mechanism for investment is very mature, but the mechanism for stimulating consumption is not mature enough compared with that of the western countries. As a result, it is natural for the Chinese government to put greater emphasis on investment when the country is facing economic slowdown.

China's economy has remained in firm shape this year, expanding 6.7 percent in the first three quarters and on track to meet the government's annual target of around 6.5 percent.

China's development is an evolving historical process. Last month, the 19th National Congress of the Communist Party of China was successfully convened in Beijing. Responding to our people's desire for a better life, the Congress formulated a guide to action and a development blueprint for China in the new era. It is envisaged that by 2020, China will turn itself into a moderately prosperous society in all respects, and by 2035, China will basically realize socialist modernization. By the middle of this century, China will become a great modern socialist country that is prosperous, strong, democratic, culturally-advanced, harmonious and beautiful. Under the leadership of the Communist Party of China, the Chinese people will embark on a new journey.

China's overall retail market will reach .77 trillion in 2019, of which e-commerce retail sales will contribute .25 trillion, up 9 percent and 21 percent year-on-year, respectively, according to estimates from consultancy from PwC in November.