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China is forecast to spend 900 billion yuan (4 billion) to 1.5 trillion yuan (4 billion) on 5G network construction from 2020 to 2025.
China has witnessed its VR industry expand rapidly as the country pushes for the high-quality development and extensive application of new technologies. According to the Ministry of Industry and Information Technology, China's VR market will be valued at 54.45 billion yuan (about billion) by 2021.
China is cutting the number of products whose manufacture requires official licensing, the State Council decided at an executive meeting chaired by Premier Li Keqiang on Wednesday.
China is the United States' largest export market outside North America, and an important export destination for soybeans, cotton, aircraft, automobiles and integrated circuits. In 2016, the United States had a trade surplus in agricultural products of .4 billion .
China is a large market for global alcohol consumption. However, Chinese baijiu (clear distilled liquor) consumption dropped sharply due to the epidemic. As a result, liquor companies are under great pressure. There might be large consumption demand for baijiu and wine after the epidemic. Some liquor merchants said they have a large amount of liquor in storage, so they are confident of meeting pent-up demand.
来源：资阳报