The China market is expected to grow almost 70 percent year-on-year to 10.07 billion yuan in sales this year. Some 2 million smart speakers will likely be shipped in China this year, a fraction of the 14 million in the US; and 22 million will be sold in China in 2022, according to Counterpoint Research estimates.
The Chinese government has pledged to continue deepening reforms of the agriculture sector in the No. 1 document released early this year, which is seen as a key indicator of policy priorities each year.
The Chinese government also built two schools under an educational aid program for Egypt.
The Chinese central bank decided to inject more than 800 billion yuan (5 billion) through a broad cut of the cash amount that financial institutions must hold as reserves, or the reserve requirement ratio (RRR), to keep liquidity ample and provide cheaper financing for the real economy.
The Chinese business community is eager to invest in Kenya and expand its manufacturing base in line with the Kenyan government's ambitions, says Guo Ce, the economic and commercial counselor of the Chinese embassy in Nairobi.
The Chinese mainland introduced 31 preferential policies for Taiwan in February to enhance economic and cultural exchanges and cooperation across the Taiwan Straits and to improve livelihoods for people in Taiwan.
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The Chinese government announced in its 13th Five-Year Plan (2016-20) for natural gas that it is keen to promote gas usage in the country and plans to raise the proportion of natural gas in the energy consumption mix to around 10 percent by 2020 from around 5.9 percent in 2015.
The China-Japan-South Korea Industries Expo commenced Friday in Weifang, Shangdong province, aiming to provide an international platform for trade, science and technology, and culture and tourism partnerships.
The Caixin China General Services Business Activity Index inched up to 54.5 in April from the previous month's 54.4, the second-highest level since May 2012.
The China (Shanghai) Free Trade Zone will set up a service center to help companies break technical obstacles to trade with Belt and Road countries and regions, FTZ authorities said on Monday.