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China's online music pan-entertainment market, which contains online music services, online karaoke, ads, and music copyright operations, is expected to grow at a compound annual growth rate of 37 percent to 215.2 billion yuan (.5 billion) by 2023, according to estimates from consultancy iResearch.

China's investment in 5G technology is expected to exceed one trillion yuan (5 billion) in the next five years, driving the total economic output to more than 10 trillion yuan, People's Daily reported on Wednesday.

China's investment in sectors related to domestic demand, new infrastructure projects, online industries and independent innovations resulted in 4.9 percent increase in its economy year-on-year in Q3, despite a decrease of 6.8 percent in the first quarter, Syed Hasan Javed, director of Chinese Studies Center, School of Social Sciences and Humanities in National University of Science and Technology, Islamabad, told Xinhua in a recent interview.

China's major airlines and 229 of its 238 civil airports had promoted e-boarding facilities by the end of last year, according to the Civil Aviation Administration of China (CAAC).

China's emphasis on innovation in recent years has led to more opportunities for global clinical development and research programs to be conducted in the country, something that has benefited its people, says a leading executive at a top German pharmaceutical company.