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China's home appliance sector saw a strong rebound during the second quarter of this year, with total revenue rising by 2.64 percent on a yearly basis to 248.6 billion yuan (.6 billion), on the back of a healthy surge in online e-commerce retail, a new report said.

China's major telecommunications carriers are racing to commercialize 5G services, aiming to be at the forefront of the next-generation mobile communication revolution and generate new streams of revenue.

China's opening-up has evolved into a new phase whereby more focus will be given to aligning domestic rules with world-class international markets, said Wang Yiming, a national political adviser and a senior economist.

China's fixed-asset investment growth remained basically stable in the first eight months of the year, expanding 5.5 percent year on year thanks to robust high-tech investment, earlier data showed.

China's market for eyeglasses has grown at around 6 percent annually in the past few years and the size of the industry has reached 87 billion yuan ( billion). But the need is actually six times larger as many consumers are buying simple products and 470 million Chinese people have eye problems that remain uncorrected.