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"Culture brings people together. It is a binding force in the development of peaceful coexistence for humanity. It will be a win-win situation for China and India - both of which have a rich and diversified culture - to further explore and develop wider cultural exchanges and cooperation that could include tourism, education, science, archaeology, music, drama and even yoga."

"Cosmetics brands have also innovated continuously to attract consumers who like to follow the latest fashion trends or reward themselves with beautiful items, try on new products or make repeated purchases," Jin said, adding that some 59 percent of consumers have many lipsticks that they have not used.

"China's development in power generation technology will (also) play an even bigger role in these economies' development, which is beneficial to the entire world," Yuan said. Cooperation between China and other Belt and Road Initiative economies is linked through development contracts and equipment exports. China has signed agreements involving 295 power projects with more than 40 countries in the past four years. These include coal-fired and hydropower stations in Southeast Asia, and wind farms and coal projects in South Asia.

"China's retail sales of consumer goods surged 9.8 percent year-on-year in June, especially driven by the rapid growing online sales and this year's June 18 retail festival," Mao said at a news briefing held on Monday in Beijing. "And we've witnessed fast growth in online sales of cosmetics and home appliances."

"China's contribution to world economic growth has exceeded 30 percent over the past five years," Chen said. "Without China, there would have been no recovery of the world economy and there would have been no recovery in the US after the global economy was hit by the financial crisis of the century that started in the US in 2008."