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China's night catering consumption jumped 47 percent in 2018 from a year earlier, 2 percent higher than the daytime growth, according to a report released by the China Tourism Academy and Meituan, a Yelp-like Chinese online city guide.
China's new energy vehicle market recorded another year of rapid growth in 2017 as the government continued its green transport push. New energy vehicles refer to vehicles powered by non-traditional fuels, such as electric and hybrid vehicles.
China's economy is bouncing back to growth after a steep slump from the COVID-19 pandemic with better-than-expected indicators in the second quarter, said Yan Pengcheng, director of the Department of National Economy at the National Development and Reform Commission, during a news conference in Beijing on Friday.
China's foreign exchange reserves stood at .11 trillion in August, decreasing by .23 billion from the previous month, according to central bank data on Friday.
China's commitment to increase the installed capacity of wind and solar power to more than 1,200 gigawatts by 2030 and boost the share of non-fossil fuels in primary energy consumption to around 25 percent by the same period is testimony to its firm resolve for green development, said experts.