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China's door will open even wider than it has been over the past 40 years, the premier said.
China's online retail industry has experienced a tremendous growth in recent years. The online penetration rate of the retail market increased from 10.3 percent in 2015 to 17.0 percent in 2017, and is expected to further increase to 24.4 percent in 2022, the company said in its prospectus, citing statistics from China Internet Network Information Center.
China's instant noodle makers are back in the black after a three-year hiatus, with most companies reporting higher sales and net profit.
China's consumer inflation eased to a 14-month low of 2.4 percent in May due to the resumption of production and transportation of fresh agricultural products, adequate supply of fresh vegetables and the improving pig production.
China's internet giants including Alibaba Group Holding Ltd and JD.com Inc have ramped up efforts to deploy offline channels as pure-play e-commerce growth starts to stagnate. Alibaba has completed a series of buyouts including retail chain Intime Retail Group Co, while JD backed Yonghui Superstores and announced plans to open 1 million namesake convenience stores in five years.
来源：资阳报