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India announced the exclusion of Chinese companies' participation in highway projects and additional scrutiny of imports from China after the clash, and it also banned 59 Chinese apps, citing "sovereignty and integrity" concerns.

Industry experts said the move is part of Huawei's "smart" growth strategy to develop a full range of products amid the changing global economic situation.

Indian Commerce and Industry Minister Suresh Prabhu expressed willingness to jointly implement the consensus reached by leaders of both countries, and connect the development strategies of both sides and share the development experiences.

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Informatization also enables the courts at various levels to be more intelligent in the aspects of trials and management. As of last year, more than 3,000 courts have adopted means of informatization to support case file management and access.

Industries serving the elderly in China are expected to double this year's size to reach 8 trillion yuan in 2020, or about 6 percent of the gross domestic product.

Individual packages of ground beef are shown with labels at a food market in San Francisco, California. [Photo/VCG]

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Industry insiders said that currently, the two leading Chinese herbal tea makers, Guangzhou-based Wanglaoji and Hong Kong-based JDB Group, take up more than 80 percent of the market share. Both the density and the scope of the distribution channels have reached a saturated level, and all categories of the products of the time-honored brands have reached maturity, making it difficult to find new market growth points.

Industrial companies with annual revenue of more than 20 million yuan (about million) reported profits of 6.245 trillion yuan in the first 10 months, up 23.3 percent year-on-year.

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Industry experts perceive huge opportunities for the online education industry as the sector is quickly covering and penetrating many corners of the nation during the special period.

Individuals must continue to follow personal protection protocols and efforts must be made to prevent risks arising from gatherings of tourists, the group said in a statement.