Top live streamers, about 400 company executives and 300 celebrities will also join Tmall on its livestreaming platform to boost sales of products ranging from cosmetics and electronics to cars and houses.
Top APEC trade officials also recognized the importance of keeping their markets open and working together to deliver a free, fair, nondiscriminatory, transparent, predictable and stable trade and investment environment, to ensure that trade and investment continue to flow in these trying times.
Traditional Chinese pastry-maker Daoxiangcun is innovating its recipes and enhancing its packaging to popularize its 245-year-old culinary heritage among the country's young consumers.
Tourism has become an important engine to power global economic growth with the total number of inbound and outbound tourists in China reaching 291 million in 2018, up 7.8 percent year-on-year, according to Luo Shugang, minister of culture and tourism.
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Transaction volumes also went down in some key cities, including Beijing and Shanghai. For example, 7,158 units in pre-owned residential properties in Beijing were transacted in July, a 20 percent month-on-month decrease and 70 percent year-on-year decline, and the lowest level in the past 36 months.
Tony Jamaal Reid, 38, from the United States, who has been living in Beijing for five years, said the site is relatively user-friendly and easy to navigate.
Transition from technological adaptor to innovator: China is developing into a leader regarding the development and application of cutting-edge technology. The world is now following in China's footsteps in areas like drone building, mobile applications, AI and new energy.
Total real estate investment of China's 31 provinces, cities and autonomous regions has reached 11 trillion yuan (.6 trillion) in the first 11 months of the year, surpassing whole year's investment of 2017, data from National Bureau of Statistics showed, reported financial news provider Economic View app.