This trend was highlighted by Wang Yu, deputy chief economist of the China Three Gorges Corp in Beijing, when he talked about the group's plans to develop hydropower plants in Guinea in West Africa.
This year, up to 13 movies have been slated for release during the holidays around the Spring Festival, or Chinese New Year, which is a peak season for Chinese cinemas.
Those expenditures cover six areas, including children's education, continuing education, health treatment for serious diseases, housing loan interests, rent and elderly care.
Those in the older Generation X group born before the 1980s usually have a clear pursuit of goals when surfing the internet. As such, brand power and offline experiences are key factors that influence the purchase decisions for members of this age group.
This year's event includes talks and several themed exhibitions that showcase distinctive regional characteristics found along the canal related to ancient works of Chinese literature and art, as well as modern photography.
Those sentiments were echoed by Wang Junfeng, China general manager of Canadian toy and entertainment manufacturer Spin Master.
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Those economic ties could get another boost on Jan 30 and Jan 31, when Vice-Premier Liu He will visit Washington for further consultation on trade and economic issues, China's Ministry of Commerce announced last week.
This year is the 70th anniversary of the two countries' establishment of diplomatic ties. Faced with shifting dynamics in the international community and headwinds countering economic globalization, China and Russia will voice their common stance in upholding multilateralism and supporting trade liberalization and investment facilitation, Le said.
This year marks the 70th anniversary of the establishment of Sino-Russia diplomatic relations, and they have visited some of the most important locations where this relationship has been realized and practiced.
Those who have lost their jobs or are earning less due to lockdown measures will receive monthly payments of 300 reals (about 56 US dollars) for the remaining four months in the year.