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China's domestic tourism industry earned about 3.9 trillion yuan in 2016, and the country plans to raise tourism revenue to 7 trillion yuan by 2020.
China's economy shrank by 6.8 percent year-on-year in the first quarter as the virus outbreak dealt a huge blow to economic activity. While the epidemic has been basically brought under control domestically, economic activities remain on the road to recovery.
China's economic growth pace has been one of the fastest among major economies, Ning said.
China's domestic consumption will be one of its biggest pillars of growth for years to come and contributes to the global economy, said Saruhan Hatipoglu, CEO of the US consultancy Business Environment Risk Intelligence.
China's leading heavy industrial equipment manufacturers, including Guangxi-based Liugong Machinery Co Ltd, Shandong-based Shantui Construction Machinery Co Ltd and Jiangsu-based Xugong Group Construction Machinery Inc, have decided to lift the price on their loaders due to the rising cost of manufacturing materials such as steel, rubber, aluminum and iron castings.
来源：资阳报