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China's latest tax incentive policies for the integrated circuit industry will greatly boost the competitiveness of the nation's semiconductor sector and will fuel more investment and resources for technological breakthroughs, industry experts said on Friday.

China's homegrown and leading cosmetics group, Shanghai Jahwa United Co Ltd, posted a quarterly growth rate that is almost twice the industry average, according to the company's statement released on Wednesday.

China's fast-moving consumer goods (FMCG) consumption remains robust against downward economic pressure, while transformation in retail models is picking up pace, according to the latest China Shopper Report from global management consulting firm Bain & Company and shopper behavior observer Kantar Worldpanel.

China's first freestyle skiing world champion Li Nina, also a member of the committee, said Beijing has 100 schools that offer winter sports classes.

China's mall-building also has been attributed to local governments looking to increase their tax bases.