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As Chinese people embrace online shopping, the industry has boomed. Chinese express delivery firms handled a record number of 50.71 billion parcels in 2018, up 26.6 percent from the same period of the previous year. Business revenue expanded by 21.8 percent to reach 603.84 billion yuan (about 88.7 billion U.S. dollars).

Architecture firm P&T Group, which has designed more than half of the waterfront building complex in the Bund, a famous waterfront, in Shanghai back in the 1920s and '30s as well as shopping malls and office buildings in cities, including Shanghai and Chongqing in recent years, said three of the company's 13 offices worldwide are in the mainland.

Apple is already considered the biggest company on the planet in terms of market value — clocking in at 3 billion despite a 13 percent stock slide so far this year. But the maker of iPads and iPhones also is surging up the charts when it comes to the Fortune 500, which ranks corporations by annual revenues.

Apple launched a less expensive Apple Watch earlier this month. The fresh Apple Watch SE features a new function, Family Setup, which allows young children and older customers to use the Apple Watch without an iPhone.

Around 250 kinds of terminals have been admitted to the 5G network, including 218 types of mobile phones. The 5G phone price has dropped to as low as 1,500 yuan (8) and can decrease even more, Liu said.