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As the construction of offshore windmills enters a rapid growth period, it is projected that the market size of Chinese offshore windmill operation and maintenance will reach 490 million yuan this year, and snowball to about 3.7 billion yuan by 2024 with a compound annual growth rate of 50 percent, the report said.
As the world's second largest economy, China saw the fine fragrance market increase 15 percent last year, according to data from Euromonitor International.
As such, payment service providers are looking to capitalize on the boom by offering incentives to users. For example, tourists who use WeChat Pay, a Chinese mobile wallet that presently has about 800 million users, stand to enjoy cash rebates and discounts if their total expenditure crosses the threshold.
As we’ve reported on GeekWire, Amazon is growing like gangbusters, adding a whopping 40,000 employees globally in the past year. And it is showing no signs of slowing down in its hometown of Seattle, where it is said to now employ about 25,000 people.
As the US dollar is still facing depreciation pressure, Sheng said the COVID-19 epidemic recovery offers an opportunity to accelerate yuan internationalization as several foreign investors are searching for financial products with steady value to avoid foreign exchange fluctuations. China, one of the countries that has controlled the pandemic at an early stage, has shown resilience in its economic recovery and the same will help strengthen its currency, he said.
来源：资阳报