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Customers purchase electronic goods at a duty-free store of a shopping mall in Haikou, South China's Hainan province, on July 1, 2020. [Photo/Xinhua]

Currently, Samsung holds a monopoly position in the field of storage chips. Its revenue from NAND in the fourth quarter of 2017 rose 9.8 percent from the previous quarter to .17 billion, Trendforce said, as demand from both smartphone and server markets lifted shipments and average prices.

Cui Chang'an, 65, a native of Fusong county, Jilin province, has been looking for and digging up ginseng for almost 50 years.

Currently, small and micro businesses can apply for a loan through Ant Financial's online platform within three minutes and receive the money immediately upon approval, according to Peng.

Currently, China occupies 32 percent of the world's 5G standard contribution, submitting more than 8,700 related documents to the 3rd Generation Partnership Project and has led about 40 percent of the 5G standardization research items in 3GPP, said Liu Duo, NPC deputy and president of the China Academy of Information and Communications Technology.