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China's central bank has incentivized commercial lending to smaller firms via special funding and providing targeted cuts to reserve requirements for banks, and has forecast an obvious improvement in major economic indicators in the second quarter.

China's 5G construction is ahead of schedule this year with 690,000 5G base stations already built by the end of September, according to a top industry regulator on Thursday.

China's actual sales revenue of gaming industry rose 5.3 percent year-on-year to 214.44 billion yuan (.11 billion) last year, accounting for 23.6 percent of the global gaming market, Financial Times reported, adding that social responsibility should be an important part of gaming industry development.

China's GDP was 74.4 trillion yuan in 2016, and is projected to surpass that of the United States by 2025, according to Niu Li, director of the economic forecast department under China Information Center.

China will make more efforts to popularize smart manufacturing in sectors including raw materials, equipment, consumer goods and electronics, the Xinhua-run Economic Information Daily cited an unnamed official from the Ministry of Industry and Information Technology as saying.