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In China, wedding ceremonies accounted for around 15 percent of the annual sales of its signature product Ferrero Rocher, which is one of the most rapidly developing sectors in the world, said De Felip.

In China, per-capita GDP roughly doubled from 2000 to 2006, did so again before 2013, and is expected to double once more by 2024 -- an annualized growth rate of 9.1 percent over the 25-year span, Bloomberg said.

In July, the proportion of domestic smartphone manufacturers in the country even hit a record high of 95.1 percent, the report showed.

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In February 2015, Wu was placed under investigation on suspicion of graft after inspectors received a report from the public.

In Jilin, the satellite information industry is expanding rapidly. The province is home to Chang Guang Satellite Technology Co. Ltd., China's first commercial remote sensing satellite firm.

In December, Foreign Ministry spokesman Lu Kang said China is pleased to see scientific and technological progress in exploring and peacefully using space, while it holds a clear and consistent position on preventing the weaponization of space.

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In China, the industry was confronted with a recession between 2012 and 2016 because of a glut. After expanding over the past two years, growth in the industry began slowing down last year.

In Israel, the government agreed on Sunday to ease economic restrictions as well as the closure, doubling the proportion of returned workers from 15 percent to 30 percent, as the country saw a smaller increase in the number of confirmed cases.

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In Chen's view, these two offices rightly spoke out during a time of constitutional crisis, and their actions did not constitute an intervention in Hong Kong affairs, as is alleged by some people.

In China, the new energy vehicle sector is developing at an unprecedented pace as the government encourages green alternatives to ease environmental pressures. Data from the China Association of Automobile Manufacturers showed that China has held onto its position as the largest new energy vehicle market for three consecutive years, with 777,000 such cars sold last year, up 53.3 percent year-on-year.