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China Mobile, China Unicom and China Telecom are expected to have more than 550,000 new, operational 5G base stations across the nation this year.

China Telecom, for instance, inked a deal with construction machinery maker Sany Heavy Industry Co to deepen cooperation on the industrial internet.

China aims to maintain stable industrial growth in 2019 by cultivating a more robust domestic market and further leveling the playing field for foreign and private enterprises, the nation’s top industry regulator said on Friday.

China Post, SF Express and JD have almost resumed full operations, while other major courier companies have resumed 66.7 percent of work capacity, he said.

China also ranks first in terms of market size based on per-capita purchasing power parity, the report shows. The United States is the most competitive nation in the world for the first time in a decade, followed by Singapore and Germany. Switzerland, which ranks fourth on the list, was No 1 last year. Nearly 90 percent of the top 30 are developed economies in Asia and Europe.