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China's first Cybersecurity Law took effect in June last year, which means the country has started safeguarding its cyberspace on a legal basis for better network protection.
China's online population hit 772 million last year. About 10.4 percent were over 50, and 5.2 percent were over 60, up 1.2 percent from 2016, according to the China Internet Network Information Center.
China's home prices soared in 2016 when speculators took advantage of favorable lending policies to buy homes via leveraged borrowing, contributing to what many had feared as a "housing bubble."
China's largest private carmaker Geely sold 105,468 vehicles last month, up 2 percent from the same period last year. "We are confident on the sales performance in May and in the second half of the year, as we launch new models and resume deliveries that were affected by the coronavirus," said Geely President An Conghui.
China's economy will gain momentum later this year, although the global outlook will remain uncertain, according to leading economists.
来源：资阳报