This year's Nov 11 Singles Day shopping spree has become a growth engine for consumption and economic recovery in China, despite the negative impact of the COVID-19 pandemic and uncertainties in both domestic and foreign markets.
This way, farmers can grow cotton and earn a living without investment, Liu said.
This week's meetings aim to provide greater policy direction in APEC for delivering trade that harnesses new, technologically-driven growth drivers, sparks business innovation and employment, and brings better quality of life to people in all areas of the region.
This year's P2P theme is the "Spirit of Youth", which connects to a UK government campaign that aims to inspire the next generation of leaders in China and the UK and the promotion of deeper collaboration and exchange.
This year, sales revenue of ice cream in China is expected to reach 45.3 billion yuan (.5 billion), up 20 percent from the level five years ago, according to Euromonitor International.
This year's documentary week is dedicated to the 70th anniversary of the founding of the People's Republic of China by showing the achievements made over the years through documentaries.
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This year, the number of new film releases, box office receipts, and even stock-market performance of shares of listed entertainment companies are expected to be higher, they said.
This year marks the 10th anniversary of the establishment of the China-ROK strategic cooperative partnership and the relations between the two countries have been restored and normalized, said Moon.
This year, the average annual household expenditure of the respondents was 1.75 million yuan, with 19 percent spent on travel, 18 percent on education, and 16 percent on daily necessities and luxuries.
Those who make an appointment have to wait an average of 23 minutes before getting their vehicle looked at, which is two minutes longer than those that don't make an appointment at all, according to the China Customer Service Index Study, whose findings were released last week.