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China's television industry is expected to rebound this year after witnessing a downturn in 2017, with sales ascending to 48.98 million units, up 3.1 percent year-on-year, an industry report said.

Chinese President Xi Jinping (2nd L) and his Russian counterpart Vladimir Putin (2nd R) attend a bilateral energy business forum in St. Petersburg, Russia, June 7, 2019. [Photo/Xinhua]

China's trade volume with the EU dropped by 4.4 percent to 1.6 trillion yuan (6.4 billion) in the first five months of this year, with exports to the EU down by 1 percent and imports down by 9 percent, according to the General Administration of Customs.

China, the world's second-largest economy, has become one of the most lucrative tourism markets across the globe.

China's retail banking business has been growing 23 percent annually since 2009, as calculated by McKinsey. The country's retail banking market will grow to the world's second largest by 2020, only next to the United States, with a total market value surging to 3.2 trillion yuan.