In 2016, the market transaction volume of sharing economy hit 3.45 trillion yuan (0 billion), up 103 percent year-on-year. The new economic segment also received about 171 billion yuan in funding last year, up 130 percent year-on-year, data showed.
In April, 5G smartphone shipments in China stood at 16.38 million units, up 164 percent on a monthly basis, and accounted for 39.3 percent of the total shipments, according to the China Academy of Information and Communications Technology, a government think tank.
In 2019, China's new loans to private enterprises hit 4.4 trillion yuan. The number of businesses that received loans increased by 31.5 percent year-on-year. The annualized interest rate of total loans issued last year dropped 93 basis points year-on-year, and the proportion of new medium- and long-term loans to new loans in total reached nearly 70 percent, according to the China Banking and Insurance Regulatory Commission.
In Africa, SCB brought together an offshore commercial bank and a development finance institution to invest in the development of a new 300MW coal-fired power plant in Zambia.
In 2018, the number of employees in the service industry reached about 360 million, 10 million more than 2017. The sector developed faster and contributed more to employment than the industrial sector over the past two years amid the economic structure adjustment in the country, said Fu Linghui, spokesman of the National Bureau of Statistics at a news conference in June.
In 2016, aircraft carrier USS John C. Stennis and four ships in its strike group were denied port visits to Hong Kong after the US criticized China's activities in the South China Sea. China also denied similar visits by US warships in 2014 and 2007.
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In April, the biggest export deal in China's shipbuilding sector was inked between China State Shipbuilding Corp, the world's largest shipbuilder, and Qatar Petroleum, the world's largest LNG supplier. Lei Fanpei, chairman of CSSC, said that CSSC's Shanghai-based Hudong-Zhonghua Shipbuilding will build LNG tankers for the Qatari energy giant under a 20 billion yuan deal.
In 2019, sales exceeded 100,000, one year ahead of schedule.
In 2016, pork sales brought the company 20 million yuan in profit, while in 2017, profit shrank to 5 million yuan.
In 2018, China's gross domestic product grew by 6.6 percent year-on-year, compared with 6.8 percent in 2017, data from NBS showed. The country has also achieved its goal of around 6.5 percent GDP growth set for 2018.