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China's convenience store sector had more than 100,000 stores and earned revenue of 190 billion yuan in 2017. Despite the double-digit growth rates, operators are still under pressure as rent, labor and utility costs grew 18 percent, 12 percent and 6.9 percent on a yearly basis, according to a report published by China Chain Store and Franchise Association and Boston Consulting Group.

China's high-speed trains are expected to offer more smart services as the network continues to be upgraded with Internet technology.

China's emphasis on innovation in recent years has led to more opportunities for global clinical development and research programs to be carried out in the country, which has benefitted its people, said the executive of a leading German pharmaceutical company.

China's outbound direct investment in economies along the Belt and Road Initiative continued to grow in the first quarter despite the nation's ODI seeing an overall decline during the period, the Ministry of Commerce said on Tuesday.

China's logistics industry has recovered steadily in the first four months of the year, China Federation of Logistics and Purchasing said on Thursday.