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China's road map for development worth studying, says Japan's Fukuda

Chinese President Xi Jinping (R) meets with French Prime Minister Edouard Philippe in Beijing, capital of China, June 25, 2018. [Photo/Xinhua]

China's tourism revenue rose by 10.5 percent year-on-year to 5.97 trillion yuan (6.5 billion) in 2018, with over 79.9 million people working in tourism and related industries.

China's retail sales of consumer products rose by 8 percent to 41 trillion yuan last year. Due to the impact of the novel coronavirus epidemic, total retail revenue of social consumer products slipped to 7.86 trillion yuan in the first quarter, down 19 percent year-on-year, according to National Bureau of Statistics data.

China's top securities regulator on Friday vowed stricter regulations of the country's securities firms and funds, warning that repetitive rule violations and illegal practices will lead to business suspensions and license revocations.