中华传统对联

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The growing numbers of both coffee shop chains and specialty outlets have heightened competition in the Chinese market in recent years.

The government would select some top companies related to the initiative and facilitate their fundraising in the offshore market, but there is no timeline for when an IPO plan might take place because it remains under discussion, said Zhang Xiaoqiang, vice-chairman of the China Center for International Economic Exchanges. Zhang was consulted on the development plan for the Guangdong-Hong Kong-Macao Greater Bay Area, which has not yet been publicly released.

The growth rate of 2018 was slightly faster than the previous year's 4.7 percent, with premiumization again playing a significant role in the sector's recovery, or achieving average selling prices up by 4.6 percent as consumers continued to demonstrate a willingness to trade up, as per the latest China Shopper Report from Kantar Worldpanel and Bain & Company, Premium Products, Small Brands and Now New Retail.

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The growth came despite the impact of the COVID-19 pandemic, which continues to ravage the globe.

The hospital updated it recently by adding diagnoses for common diseases and the effectiveness of Tibetan medicines. Some 30 top Tibetan medical experts participated to guarantee accuracy and authoritativeness, Tsering said.

The growth rate was unchanged from that seen at the end of April, and up 2.6 percentage points compared with the same period last year, the People's Bank of China said.

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The headquarters of private e-commerce giant Alibaba Group in Hangzhou, capital of Zhejiang province. [Photo by Niu Jing/For China Daily]

The government's plan to increase soybean cultivation and improve productivity will reduce China's reliance on imports to meet domestic demand, the report said. It predicted that by 2020, China's total output of soybeans will increase to 18.9 million tons.

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The growth rate of the Chinese wine market is estimated to exceed 30 percent over the next five years, starting from 2017 onward, and attain a size of billion in 2021, second only to the US.

The home appliance sector's demand for steel, however, is estimated to climb 3.7 percent year-on-year to reach 14 million tons next year. Consumption this year is estimated to increase 8 percent from last year to stand at 13.5 million tons.