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China's explosive e-commerce market and increasing labor costs are forcing logistics service providers to look for alternative approaches, said Charlie Dai, principal analyst at consultancy Forrester.
China's iron and steel industry reported profits of 470.4 billion yuan ( billion) in 2018, surging 39.3 percent year-on-year, while crude steel output grew 6.6 percent to 928.26 million tons, according to the National Development and Reform Commission.

China's first passenger jetliner offering high-speed internet service on board, a Qingdao Airlines' aircraft, is put into commercial operation, on July 7, 2020. [Photo/Official website of the Civil Aviation Administration of China (CAAC)]
China's development needs an environment of lasting peace and stability, he added, noting that China will continue the road of peaceful development, as well as opening up and win-win cooperation.
China's economy recovered more than expected in the second quarter, thanks to a sharp rebound in domestic demand and better-than-expected exports, said Wang Tao, chief China economist at Swiss bank UBS.
来源:资阳报