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China's consumer price index (CPI), a main gauge of inflation, rose 3.8 percent year-on-year in October, up from 3 percent in September, the National Bureau of Statistics said last Saturday.

China's efforts to promote green development have earned global recognition. The United Nations Environment Programme (UNEP) decided to promote China's philosophy of ecological progress in February 2013 and released a report on China's strategies and practices in the field two years later.

China's cruise ship sector has been developing rapidly in the past decade and in 2015 it became the world's fourth biggest cruise market. Analysts say international cruise ship giants are working hard to enter the Chinese market.

China's homegrown brands are stepping up efforts to enhance their brand image and improve the quality of products and services as part of concerted efforts to boost domestic demand and stimulate consumption from the impact of the COVID-19.

China's economy is actually beginning to climb the hill to present V-shared recovery, which is mostly coming from accelerating industrial production and robust export growth. Moreover, sustained growth in infrastructure investment and housing construction also has played a role, the magazine Foreign Policy said on Oct 29.