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Chinese President Xi Jinping's special envoy Zhang Chunxian on Friday attends the 50th independence anniversary of Equatorial Guinea. [Photo/Xinhua]
China's sharing economy achieved a trading volume of 3.28 trillion yuan (9.11 billion) in 2019, a year-on-year growth of 11.6 percent, according to an annual development report on China's sharing business released by the State Information Center.
China's tea drinking market is expected to exceed 400 billion yuan (.8 billion) by the end of this year, which will be double the market size of coffee by then, a new report said on Thursday.The report shows a trend in China where tea beveragesfeaturing freshly cut fruit, sweet cheese toppings and freshly brewed tea are appealing to a rising number of consumers.According to the report published by the research institute of tech media 36Kr and tea beverage leader Nayuki, young consumers aged 21 to 30 years old represent the main purchasing power behind tea drinks by accounting for over half of the total consumers.Up to 83 percent of the consumers buy five to 14 cups of tea per month. Some 72 percent spend more than 200 yuan on such tea beverages every month, the report said.
China's producer price index, which measures the cost of goods at the factory gate, rose 4.7 percent year-on-year in June, the NBS said.
China's top court pledged on Thursday to increase efforts to tackle intellectual property rights infringements, after the central government unveiled guidelines on IPR protection.
来源：资阳报