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BEIJING Nike Air Max 90 Mesh Royal Tint White Australia , Dec. 13 (Xinhua) -- China's live-streaming and e-sports industries will witness a boom in development in 2018, according to a report released by Deloitte Consulting.
China's live-streaming market is estimated to reach 4.4 billion U.S. dollars by revenue next year, up 86 percent from 2016. Worldwide, the live-streaming revenue is expected to hit 7.4 billion dollars, according to the report.
In the e-sports industry, the global market is forecast to exceed 1 billion dollars in 2018. It was worth 325 million dollars in 2015.
In 2016, global fans watched an estimated six billion hours of e-sports content Men's Nike Air Max 90 EZ White Blue Australia , while Chinese fans accounted for half of that e-sports viewing. China's e-sports industry will make up no less than 50 percent of global market share in 2018, the report said.
URUMQI, July 11 (Xinhua) -- To most people, the ancient Silk Road was the route by which silk products from east China would travel westward to Central Asia and Europe. For Abudujilil Halil from Kashgar City in Xinjiang Uygur Autonomous Region, the other way around suits him just fine.
In 2013, he invested 3 million U.S. dollars in Uzbekistan, a landlocked country in Central Asia Off-White x Nike Air Max 90 All Black Australia , and built a silk factory, rearing silkworms from China. He then sells the raw silk back to China and cooperates with designers to manufacture clothes.
His products were not for sale in China at the beginning, instead they were exported to neighboring Pakistan, Turkey and United Arab Emirates in the Middle East. But as tastes change, he now has a market in China.
"Most Uygurs pin a high value on etiquette and attire," said Isajan, a small-business owner in Kashgar specializing in silk clothes.
"Traditional dresses are mostly produced locally or in eastern Zhejiang and Jiangsu provinces Off-White x Nike Air Max 90 All White Australia , featuring exquisite embroidery; but more fashionable and magnificent styles are from Dubai," Isajan said.
Having identified this gap in the market, Abudujilil established a logistics company.
"China leads in silk production. But with structural changes and rising labor costs, raw silk production is shrinking and demand increasing," he said.
As one of the most important posts along the Silk Road and an interchange connecting East and West, Kashgar has attracted traders from across the world for thousands of years.
According to Abudujilil, Uygurs used to be the middlemen. "But with more and more direct flights and trains Men's Nike Air VaporMax 2.0 Black White Australia , these 'middleman' will someday be history," he said, suggesting industrial investment might be a way out.
"Uygur businessmen must change their outlook and reassess the market," he said.
Hidden in a traditional Kashgar alley, tailor Mamettursun Wuxur's shop has been there for three decades. "Business is slow. Customers have more choices today," the tailor said, adding that he was thinking of shutting up shop for good.
But Isajan is full of confidence about the future. His brother currently flies between Hangzhou city Nike Air Vapormax Flyknit 2018 Black Australia , in east China, and Dubai contacting suppliers. And Isajan, besides managing his shop, is preparing an online shop that will get them more customers.
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