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China issued four 5G licenses on June 6, which officially kicked off the 5G era. Major telecom carriers and device makers are all making their biggest push to apply and commercialize the technology.
China will apply higher standards in intellectual property protection, trade remedies, e-commerce, government procurement and economic and technological cooperation, as part of arrangements outlined in the trade deal, along with the growth of small and medium-sized enterprises.
China may see a mild inflation increase, as CASS expects China's consumer price index, a main gauge of consumer inflation, to rise by 1.7 percent and 1.5 percent in the fourth quarter and for the whole year, respectively.
China reported faster-than-expected 6.9 percent GDP growth in the first half of the year, setting the country on course to comfortably meet its 2017 target of about 6.5 percent.
China will continually deploy powerful economic policies to stabilize employment in support of economic recovery from novel coronavirus shocks, Finance Minister Liu Kun said at a virtual meeting of G20 Finance Ministers and Central Bank Governors.
来源：资阳报