The success of Youon's IPO was an epitome of quiet-but-ubiquitous changes to China's economy brought by a new force of internet-based innovative businesses.
The survey also found Chinese university students spent nearly two hours per day playing online games, and more than 22.95 percent played every day.
The system highlighted new industries and business models in statistical standards and accounting methods, according to Ning.
The structural improvement of industrial firms resulted in more sectors experiencing profit growth, said Zhu.
The targeted consumers are mostly young people – 40 percent were between 20 and 30 years old.
The tariffs China imposes on food imported from the US will not influence domestic consumption.
济南痛风石术后护理
The surging short-term homestay industry, with services managed by third parties, has offered a solution.
The surveyed unemployment rate in urban areas stood at 5.9 percent in May, down 0.1 percentage point from the previous month, according to the NBS.
The tax and fee reduction package announced by the Chinese government this year will also boost domestic demand and support the country's economic growth in the second quarter and the latter half of this year, the CICC said in a research note.
The swap will be due on Nov 27, 2020, said the statement.