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Andrew McAfee, best-selling author and co-founder of the Massachusetts Institute of Technology's Initiative on the Digital Economy, said developments in data, algorithms, networks, cloud, and digital hardware have unleashed a wave of innovation that is "rewriting the business playbook" at the Intel Shift 2017 event in New York on Tuesday. Paul Welitzkin/China Daily

And the male skin care and cosmetics market is thriving in most first-tier cities in China, the company pointed out that there are still over 500 million potential customers in more than 200 emerging cities.

And Accelerating Development of the Asia-Pacific

And the process of technological upgrading is accelerating.

Analysts from Jufeng Investment Information said the Shanghai Composite Index hit 3,458 points in July, the first time that the index had crossed the 3400 mark. The performance of companies, including nonferrous metal companies, which are closely related to economic cycles, started to pick up in July after the economic recovery started gaining momentum. While there were price fluctuations in October, resources companies such as nonferrous metal companies and coal manufacturers started showing strong growth from early November.