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China's increasingly sophisticated consumer market and its world-class internet ecosystem will fuel fresh momentum for French lens producer Essilor Group, according to a senior company executive.

China's civil aviation industry has been recovering since May and has been performing better, Yu said, adding that passenger volume in the domestic market has almost reached last year's level.

China's monetary authorities lowered interest rates of major lending facilities, given a projection of moderate consumer inflation in coming quarters, in support of credit to smaller businesses hit by the novel coronavirus pandemic.

China's foreign trade in the first seven months totaled 15.46 trillion yuan, up 18.5 percent year on year. The economy saw a 7 percent dip in foreign trade volume in 2015 and a 0.9 percent decline in 2016, due to sluggish overseas demand.

China's first officially authorized data asset assessment center opens in Hohhot, Inner Mongolia autonomous region, March 3, 2018. [Photo provided to chinadaily.com.cn]