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But still, Liang said he believed there is much room for growth in the Chinese fashion industry compared to other markets like Japan and Europe.
But the recovery also revealed the customers' preference for international brands. Sales of Chinese-branded passenger cars fell by 9.4 percent on a yearly basis to 532,000 units in April. The combined market share of Chinese brands fell by 2.6 percentage points to 34.6 percent during the month. Though still the lion's share, it was the lowest since July 2014. The share in the first four months fell by 1.2 percentage points from the same period last year to 38.1 percent.

By 2020, the country's lithium battery market value will come to more than 450 billion yuan (.43 billion), and China will be able to account for 70 percent of market share, authorities said. Last year, China's lithium battery market represented 60 percent of international lithium battery market share.
By aligning with the Belt and Road Initiative, Amazon is using its global resources to help Chinese enterprises revolutionize their businesses online.
But times have changed.
来源:资阳报