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"China's industrial internet is ushering in new growth opportunities amid the industrial revolution globally. It has a potential that goes beyond the imagination, which not only promotes the upgrading of manufacturing industry but also determines whether China can lead the next round of the technological and industrial revolution worldwide," said Wang Qingxian, Party secretary of Qingdao.

"China's pledge to continue to deepen reform and opening-up by liberalizing market access and reducing trade barriers sends a clear signal that it wishes to not only improve itself, but to inclusively share the benefits derived from China's development model," Jon R. Taylor, a US political science professor at University of St. Thomas in Houston, told Xinhua in April.

"China's rapid growth has spurred the consumption upgrade, with customers requiring constantly innovative solutions for the future," said Stephen Shafer, president of 3M Greater China. "As we embark on a journey towards success, design plays an instrumental role in helping to fulfill our competitive advantage."

"China's retail sales of consumer goods surged 9.8 percent year-on-year in June, especially driven by the rapid growing online sales and this year's June 18 retail festival," Mao said at a news briefing held on Monday in Beijing. "And we've witnessed fast growth in online sales of cosmetics and home appliances."

"Collaboration has helped create a platform for the shipping and terminal business development and transformation," said Zhou.