China’s telecommunication industry has grown steadily with the number of cellphone users growing rapidly in the first eight months of 2018, official data showed.

Number of self-employed people has risen substantially since 1978. In the 40 years since China began its reform and opening-up, the number of self-employed people in Wuxi, Jiangsu province, has multiplied by 752 times.

Goods from Urumqi in China’s Xinjiang Uygur autonomous region will soon enjoy lower logistics costs and shorter travel time to Azerbaijan, Georgia, Iran and Turkey, as a result of new cargo routes due to open this year.

In just five years, the Belt and Road Initiative has grown from a concept to a key platform for building a community with a shared future for humanity and a well-received international public goods.

Consultancy firm KPMG is optimistic about China’s economic growth in the second half of this year, as infrastructure investment is expected to rebound moderately with an accelerated issuance of local government bonds. 

Home appliance maker’s new arm to focus on smart component R&D. Gree Electric Appliances Inc, a major home appliances maker based in Zhuhai, Guangdong province, has set up a subsidiary focused on the design, development and sales of computing chips, according to the local industrial and commercial authority.

Three Chinese companies — Alibaba, JD, and Didi Chuxing — have taken positions on Fortune’s Change the World list this year, according to the business magazine.

As more Chinese people travel abroad during this year’s summer holiday, the boom in mobile payments has reached several countries, according to latest data from the nation’s leading mobile payment service.

The Chinese government will step up reform and roll out a series of new incentives to better remove hurdles hampering private investment and businesses and boost economic vitality, the State Council’s executive meeting chaired by Premier Li Keqiang decided on Thursday.