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China and the West differ in terms of consumer mentality. China's service consumption enterprises have become more competitive－from beauty, fashion, and entertainment that are embedded with unique Chinese characteristics, to new online marketing; and from internet celebrities to social media. Through such innovation and creativity, the image and attractiveness of local companies have been enhanced.

China and Italy are "natural partners" in the construction of the Belt and Road, since the two nations had been closely connected more than 1,000 years ago thanks to the ancient Silk Road, Wang said, adding that Italy became the first major Western country last year to sign an MOU on Belt and Road cooperation with China.

China Eastern Airlines is one of China's three flagship carriers, with a fleet of over 600 aircraft. Its revenue reached billion last year, 40 percent of which came from the international market.

China Life's net profit attributable to equity holders jumped 128.9 percent year-on-year to 37.6 billion yuan in the first half of 2019, thanks to the improved investment performance in the capital market, according to its interim report. Its gross investment yield stood at 5.78, up 200 basis points on a yearly basis.

China Mobile, the world's largest mobile carrier by subscribers, said on Wednesday that it intends to build a globally leading fifth generation network by combining the 5G mobile communication technology with artificial intelligence and cloud technology.