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"China's demographic dividend is disappearing," Wang Bin, co-founder and president of the venture and technology-focused media platform iyiou, said during a recent annual innovation conference in Beijing, adding that seniors can be relied upon as a reliable market.

"China's e-commerce is leading the world, and the efficiency and cost-control of our express delivery are also leading the world. It is all thanks to the support of technology such as big data, artificial intelligence and cloud computing, as well as our automation equipment," he added.

"Companies' future output expectations remained strong, reflecting a positive outlook for the manufacturing sector for the year ahead," Wang said.

"China's trade deficit in tourism is a case in point, in which domestic tourism services do not satisfy consumer demand. By taking measures such as cross-regional coordination to strengthen infrastructure networks, the strong domestic demand for travel may transform into higher output for the tourism sector," Tang said.

"China's urban rail transit has seen good growth momentum for three consecutive years," said Xie Zhengguang, president of the association.