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Goller pointed out that one of the major motivations for those paying for a premium product is value for money.

Green development is a natural and inevitable choice for China in achieving economic restructuring. It is also the basic needs of the countries along the BRI routes in their pursuit of sustainable development.

Google has revived its Google Glass project for enterprise applications.

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Globally, digital sales of luxury goods increased by almost 12 percent in 2016, outpacing all other retail channels, according to market research firm Euromonitor International. Sales of luxury products are set to increase by an additional 50 percent in real terms over the next five years, accounting for almost 10 percent of all luxury sales.

Greenberg expressed thanks to FedEx for donating air transportation for the relief supplies and to Walmart for helping to obtain the goods.

Goal is to have minimum annual income of 4,000 yuan nationwide by end-2020

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Greenery extended, additional plants introduced

Greenways have been transforming cities across the country. The figures from the Ministry of Housing and Urban-Rural Development show that a total of 56,000 kilometers of greenway had been developed in China by the end of 2018.

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Growth opportunities are seen in Chinese consumers' diversified demands during their holidays.

Growing business in educational, judicial and healthcare services that the company provided was one of the major contributors to the increase, according to the report.