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"China's mobile game market is gradually expanding, but it is seeing a continuous slowdown in growth rate," Gamma Data said. "The overseas mobile market is growing in size. While a growing number of Chinese game companies have entered the global market, they still occupy a low market share overseas. I suggest they beef up efforts to expand overseas to generate new streams of revenue."

"Chinese operators' investment in 5G will reach 5 billion U.S. dollars this year, and around 70,000 to 90,000 5G base stations will be built across the country," said Canalys Analyst Mo Jia.

"Consumption will contribute about 6 percentage points of China's GDP growth, which will reach 8.2 percent next year, according to our estimation," he said.

"China will play an active and vital role in prompting the development of the semiconductor display industry, which has a high entry threshold and needs high investment," Li said.

"Chinese consumers, especially those born in the 1980s and 1990s, love living a quality life ... they like traveling, caring about their individuality, and have different pursuits to match their lifestyle. To woo them, we have brought iconic fashion such as denim, street styles and premium sporty brands to them," she said.