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China is beefing up efforts to promote mass entrepreneurship and innovation, which is a new growth engine for its economic and social development.

China has suffered a drop in its favorable view in South Korea, India and Vietnam, but the survey does not say whether this was due to China's strained relations with these countries due to China's strong opposition to the THAAD anti-missile defense system in South Korea, the border standoff with India or a maritime territorial dispute with Vietnam.

China has stepped into a new economic era dominated by the industrial informatization, so data information and the industrial chain thinking method are of paramount importance, said Chai Yuan, vice-president of JingData, in Beijing on Tuesday.

China is expected to cut 50 million tons of steel this year, on top of last year’s 65-million-ton reduction.

China has some 122,000 convenience stores, mainly located in first-and second-tier cities. Last year, 38 percent of convenience store chains said that more than 20 percent of their daily sales came from ready-to-eat food. In 2017, only 29 percent of these chains recorded such a proportion of sales.