Total trade in farm produce grew 1.7 percent year on year to 8.1 billion in the period, the ministry said on its website.
Total profits of firms with annual revenue of more than 20 million yuan (.86 million) surged 27.1 percent year-on-year, while the operating revenue of these firms rose 4.6 percent, expanding from the 1.3-percent rise in the first five months, according to the MIIT.
Toutiao had adopted the same strategy this year.
Total revenue in 2018 was 13.12 billion yuan, up 652 percent on 2017, primarily due to increased spending on online marketing, said the company.
Total short video users in China stood at 648 million last year, accounting for 78.2 percent of the country's overall online population, the report said. It was released during the 7th China International Audio & Video Convention held in Chengdu, capital of Southwest China's Sichuan province.
Tong Fuyao, senior vice president at Lenovo, introduces the ThinkPad X1 Carbon 2017 on April 18, 2017 in Beijing.[Photo provided to chinadaily.com.cn]
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Towson said international fashion brands can be extremely lucrative.
Toyota's premium arm Lexus saw sales grow 22 percent to 20,698 units. The China Association of Automobile Manufacturers forecast on Wednesday that August sales will reach 2.18 million units, increasing 11.3 percent year-on-year and 3.2 percent month-on-month.
Trade between the Chinese mainland and Belt and Road economies reached 7.4 trillion yuan (.17 trillion) in 2017, up by 17.8 percent year-on-year, according to the Ministry of Commerce.
Total industrial profits in the first seven months of this year fell 8.1 percent year-on-year to 3.1 trillion yuan, but easing from a 12.8 percent dive in the first half, NBS data showed.