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Amid escalating trade friction, central SOEs reported steady profit growth in the first four months of 2019 as their combined profits saw year-on-year growth of 13 percent to 435.68 billion yuan (.1 billion) during the period. Companies in sectors such as manufacturing, defense, transport and construction outperformed the others, data from SASAC show.

Among the severest violations was in Shanghai, where inspectors discovered local authorities had failed to meet a target to halt all illegal construction and close illegal factories by the end of last year.

Amid China's campaign to push forward the development of the home rental market in large and medium cities to address rising demand, more and more young people are choosing to rent through new mobile platforms for housing rental.

Amazon’s annual shareholder meeting is set for May 21 in Seattle.?Here’s the full text of Bezos’ letter, as filed with the Securities & Exchange Commission.

Amid rising international oil prices, Shengli's production, which is equivalent to 0.9 ton of crude for each of the country's 1.3 billion residents, accounts for one fifth of nationwide output in the same period, according to its developer China Petroleum and Chemical Corp, or Sinopec, the world's largest refiner by volume.