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"Chinese consumers' demands have become more and more diversified and personalized," said Gu Fan, vice-president of Amazon China, adding the company will step up efforts in the cross-border online shopping sector through Amazon Global Store and Prime membership.

"China's overseas shipments rose from a year earlier, as global demand held up and trade tensions with the US were kept in check amid ongoing talks. At home, resilient demand led to a rise in imports."

"China, as the second-largest energy consumer globally, has a huge demand for energy. Thus, promoting methanol fuel as an alternative is important to reduce the country's dependency on imported resources," He said.

"China's industrial internet sector is entering the fast lane. A slew of new breakthroughs, new models and new applications have emerged," Sui Jing, deputy head of information and telecommunications at the Ministry of Industry and Information Technology, said at the 2020 World Industrial Internet Conference which opened on Sunday in Qingdao, Shandong province.

"China's small household appliance enterprises will see a market expansion in the near future as they make continuous innovations in the fields of technology, quality and design," said Liu Buchen, an independent researcher of the home appliances sector.