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Outstanding loans for the whole property sector increased 20.4 percent to 35.78 trillion yuan, 0.1 percentage point higher from the end of March.

Owners can take the urns with them, bury it, or scatter the ashes under the trees. A few dozen meters from the funeral parlor, there are over a dozen tombstones, each with words engraved expressing the owner's grief.

Over 50 percent of the respondents remained confident that their businesses would explore new opportunities in BRI economies, the survey said.

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Our business performance in the past two years has been very strong, growing more than 20 percent in all our businesses. Even housing solutions, such as wooden doors, are growing strongly. The growth has been fueled by a strong demand from the real estate market, which is now more bottom-up, not top-down. We are focusing a lot on consumer centricity and are communicating with consumers directly through retail and e-commerce platforms. Traditionally, our business-to-business segment has been very big. About 80 percent of our revenue was from B2B where retail was just about 20 percent. Now there is a healthy shift to 65 percent for B2B and the rest for retail.

Outside of China, Huawei is growing and gaining market share across the Western Europe region, and is particularly strong in Spain, Germany, and Italy, international information provider IDC reported in May, adding the company also launched its Honor brand in a couple of markets in Southeast Asia.

Overseas projects

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Overseas Chinese people are being encouraged to actively participate in the development of the Guangdong-Hong Kong-Macao Greater Bay Area, as the region creates greater business potential.

Outstanding loans issued to micro and small businesses under inclusive finance services went up 23.6 percent year on year to 12.41 trillion yuan by the end of the first quarter.

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Outstanding loans via this method reached 573.2 billion yuan (.92 billion) so far, up 76 percent on a yearly basis, said Li Junfeng, head of the inclusive finance department of the China Banking and Insurance Regulatory Commission (CBIRC), the banking regulator. Li said debt instruments are particularly significant for easing the financing difficulties of small and private companies.

Over 1,000 vehicles will be on display at the show, including more than 60 debut vehicles from dozens of automakers.