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China's music industry saw year-on-year growth of 7.8 percent in output value in 2016, exceeding 325 billion yuan, while internet music users surged to 500 million, according to a report by the China Audio-Video and Digital Publishing Association.

China's decision in 2017 to further open up its financial sector to foreign investors and to slash tariffs on the imports of a wide range of consumer goods; its holding of the Belt and Road Forum for International Cooperation in Beijing last May; its push for bilateral and multilateral free trade arrangements; and its support for global agreements and organizations such as the Paris climate accord and the United Nations are proof of Xi's pledges at Davos.

China's consumption market witnessed steady recovery during the first six months of this year, with relatively new business formats such as online shopping spearheading the growth despite the COVID-19 epidemic and the services sector responding positively and creatively.

China's natural gas development has witnessed rapid development in the past few years.

China's high-tech giants have already entered the South Asian market. Tencent Cloud, the cloud business division of Tencent Holdings Limited, has established overseas services nodes in India and a data center in Singapore to provide "secure and cost efficient" IT infrastructure.