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The project, cofinanced with the World Bank, aims to rehabilitate, revitalize and modernize water resources and irrigation systems in Indonesia, and is expected to benefit more than 887,000 local households, according to the bank.

The profit growth was down from 24.4 percent in the first four months but much faster than the 8.5-percent increase in 2016.

The projection has made headlines in the US and beyond as relations between the world's top two economies have plummeted to their lowest point in decades due to tensions building up on multiple fronts, including trade, technology and the South China Sea.

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The project strives to make breakthroughs in Earth system sciences, life sciences, and associated disciplines.

The producer inflation was mainly driven by price rises in commodities including ferrous and non-ferrous metals and coal. On a month-on-month basis, the index was up 1 percent.

The project has already received tremendous support from the Shanghai municipal government, said officials. The ADN project has been listed as one of the key construction projects in Shanghai this year.

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The project is popular with residents, who can borrow books at no cost.

The product launch is also part of broader efforts by Huawei to further enrich its non-smartphone consumer businesses, which will account for an increasingly bigger share of the company's revenue in the future, Yu said.

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The products are the latest sign of the tech giant’s ever-expanding ambitions to take its consumer services and devices beyond the home.

The projects covered various fields including urban engineering, public transportation and environmental protection, according to the newspaper.