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China's cross-border e-commerce sector has grown exponentially as the country's middle and high-income shoppers demand increasingly diversified and personalized products and services. Market consultancy iiMedia Research said market size of the country's cross-border online shopping has been expected to rise to 10.8 trillion yuan (.5 trillion) in 2019.
China's e-sports and gaming market is experiencing an explosive growth. The number of gamers in China will exceed 768 million and the market is projected to generate billion of revenue by 202, said market consultancy Niko Partners.
China's innovation ability has strengthened in recent years, whose rank in Global Innovation Index climbed to the world's 14th this year from 17th in 2018, according to the World Intellectual Property Organization.
China's determination to climb the technological curve is shared by many business leaders. Oliver Steil, CEO of TeamViewer, a leading provider of remote connectivity solutions, said he is impressed by the speed of development in China, as well as the commitment and courage to invest in technology and bring it to scale.
China's embrace of high-quality development after decades of rapid economic growth has brought challenges as well as opportunities to foreign businesses such as Novozymes, he said.
来源：资阳报