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"Each ranger will receive an annual subsidy of 10,000 yuan (,520). It is estimated that these welfare positions have helped a total of 88,000 people shake off poverty," said Zhang Jianjiang, an official at Xinjiang's forestry and grassland bureau.

"Despite the weaker growth momentum of the overall home appliances market, the proportion of online sales hit a new high, because e-commerce platforms ensure good user experience by efficiently integrating online and offline services," the report said.

"Employment creation is the primary mission of economic development and a fundamental livelihood issue for the people," Li said. "As we are still expected to face considerable employment pressure in the coming year, we must prepare well and take precautionary measures as much as possible, which may include giving local governments and businesses more flexibility in employment policies."

"During the second quarter, we launched several successful marketing campaigns to raise brand awareness and improve brand perception, while actively expanding our content offerings, all of which led to our fast and healthy user growth," said Bilibili Chairman and CEO Chen Rui in a statement.

"Facing the complex and volatile economic and trade environment in both China and overseas countries, we have seen consumer products sector taking the lead in overseas mergers and acquisitions. This is largely due to huge potential of domestic demand in China's consumer market, and the urgent need for stable and sustainable development." Loletta Chow, Global Leader of EY China Overseas Investment Network, said.