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China's first-tier cities, such as Beijing, Shanghai and Shenzhen, will lead a gradual recovery in the housing market this year, experts said at a forum held by People's Daily Online.
China's largest bank by capitalization ICBC raked in net profit of 76 billion yuan (.03 billion) in the Jan-March period, up 1.5 percent year on year.
China's foreign trade continued to show momentum despite disruptions due to the Spring Festival holiday and lingering trade tensions in the first two months of the year, experts said.
China's entrepreneurship and innovation are driven by cooperation among different market entities. We have built open and sharing platforms of mass entrepreneurship and innovation, where innovation players of various kinds interact online and offline. Pooling their wisdom and efforts has made entrepreneurship and innovation more efficient, less costly and faster. The Global Innovation Index 2017 issued by the World Intellectual Property Organization and others a few days ago put China at 22nd place, 13 spots higher from 2013 and topping the middle-income economies. China's entrepreneurship and innovation have delivered benefits to all. The Chinese government has adopted an accommodating and prudent regulatory approach toward new industries, new business forms and models, such as e-commerce, mobile payment and bike-sharing, which have enabled their fast and healthy development. As a result, people's lives are made more convenient and a large number of jobs are created. Of all the new jobs created last year, about 70% were contributed by new growth drivers.
China's favorite dish in 2017 was crayfish, said a food consumption report by the China Cuisine Association (CCA).