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China's online education platform Yuanfudao announced on Tuesday it has raised billion in its latest round of financing, which marked the country's largest-ever fundraising in the online education sector.
China's online education segment's sales revenue was 281 billion yuan (.4 billion) last year and is expected to rise 24 percent to exceed 348 billion yuan this year, according to consultancy iiMedia Research Group.
China's consumption showed ample resilience despite trade friction in the first half of 2018, with final consumption contributing to 78.5 percent of GDP growth, up from 58.8 percent last year, according to the National Bureau of Statistics (NBS).
China's exports of new energy vehicles will grow fast in coming years as they are on track to gain popularity in major car markets, said the Ministry of Commerce.
China's major food industry firms shrank in size in 2018 compared with 2017, but the sector's profit growth far outpaced revenue growth.
来源：资阳报