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This year has also seen a rise in esports as esports game operations, competitions, education and offline esports consumption saw rapid development.

Those markets are identified as locations where brands need to be successful for them to be considered truly global.

This will help courts nationwide efficiently handle the rapid increase in bankruptcy and civil cases and to create a favorable legal environment for the nation's reform, development and stability, said Liu Guixiang, a member of the top court's judicial committee.

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This will not come without challenges, and Brumby believes that China has to continue to develop even further upon its already positive strides with the Belt and Road Initiative and the Asian Infrastructure Investment Bank (AIIB).

This year's Venice festival was a mix between in-person and virtual this year, due to the coronavirus outbreak. Zhao, a China-born director living in the United States, and two-time Oscar-winning actress Francis McDormand, the film's star, accepted Venice's Golden Lion award via video hookup since the coronavirus travel restrictions prevented them from attending the award ceremony in person.

This year, as the COVID-19 pandemic halts offline international trade fairs and other face-to-face marketing platforms－venues via which Wang normally secured orders－Wang has had to find alternative ways to keep his company's 200 million yuan (.56 million) annual revenue flowing.

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This will provide "a significant boost for the local tourism industry, as well as other flow-on benefits for the local economy, supporting almost 500 jobs across the region."

This whole Apple-product-person-as-more-affluent thing isn’t new, of course. If you recall in June, travel site Orbitz took a media beatdown when it was revealed that it was more likely to target higher-end hotels to its Mac users than its PC users. Orbitz’s data showed that Mac users spend as much as 30 percent more on hotels, according to this Wall Street Journal article, or an average of to per night.

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This year, property developers in general are facing enormous pressures of debt repayments and rising financial costs. According to international ratings agency Moody's, about .3 billion worth of domestic bonds and .6 billion worth of foreign bonds will become due or be on sale in the 12 months since Feb 1, which means developers will have a high demand for refinancing.

Thomas Fang, global partner of Roland Berger, speaks at a press conference in Beijing on Oct 30. [Photo provided to chinadaily.com.cn]