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China, which will contribute 8 percent to global new additions, takes the second place among seven countries in the world which account for half of new subscribers.

China's vehicle market may see a fall of up to 10 percent this year, following a 2.8 percent dip in 2018, said a senior executive at the country's leading industry association on Saturday.

China's service industry accounts for over 51 percent of economic output while the proportion in developed countries like the United States and Japan is over 70 or 80 percent of the economy.

China's producer price index declined by 1.5 percent year-on-year last month, down from a 0.5 percent drop in February and registering the lowest level in five months, the NBS said.

China, haunted by severe pollution after three decades of rapid economic growth, started to switch to a more sustainable growth model years ago, with less emphasis on GDP growth and more on sustainable growth.