A dog dives during a pet dog swimming contest at the Taoyuan Pet Center on July 31, 2005 in Chengdu of Sichuan Province, southwest China. Over 30 dogs have attended the match. According to state media, with the country's pet population growing fast, analysts predict that the market potential for the “pet economy” in China could reach a minimum of RMB 15 billion (about USD 1.85 billion). (Photo by China Photos/Getty Images)

Dancers prepare before a performance in the backstage area of the Buick exhibition during the “Auto China 2014” Beijing International Automotive Exhibition in Beijing on April 21, 2014. Leading automakers have gathered in Beijing for the kickoff of China's biggest car show, but lackluster growth and environmental restrictions in the world's largest car market have thrown uncertainty into the mix. (Photo by AFP Photo)

Buses are stranded in a flooded street in Fuzhou, Fujian province, July 24, 2014. Typhoon Matmo hit Taiwan on Wednesday, bringing heavy rain and strong winds, shutting financial markets and schools. It passed the island and headed into China, downgraded from typhoon to tropical storm. (Photo by Reuters/Stringer)

A Chinese exhibitor checks lighting products at a booth during the China Import and Export Fair, also known as Canton Fair, in the southern Chinese city of Guangzhou October 15, 2015. Around two thirds of exporters at China's largest trade fair expect the slowdown in their markets to persist for at least six months, a Reuters poll has found, with the country expected to announce its slowest economic growth in decades early next week. (Photo by Bobby Yip/Reuters)

Labourers pour molten iron into a container at a foundry in Xiangfan, Hubei province in this July 2, 2010 file photo. Iron ore is enjoying its biggest rally in years, outpacing copper and oil so far in 2016, but still weak forward prices show it may be tough to stretch the bullish outlook. Improving steel prices in top market China are helping fuel iron ore's climb as producers gear up for a seasonal uptick in demand. Yet there is no shortage of doubters who see gains in the bulk commodity as fleeting given a large glut and challenges for China's economy. (Photo by Reuters/Stringer)

American actress Nicola Peltz poses on the red carpet as she arrives for the world premiere of the movie “Transformers 4: Age of Extinction” in Hong Kong Thursday, June 19, 2014. The latest installment in the blockbuster series of “Transformers” films is making its world premier not in the usual entertainment hubs of Los Angeles or New York but in the wealthy Chinese metropolis of Hong Kong, the latest sign of Hollywood's increasing focus on China's booming film market. (Photo by Kin Cheung/AP Photo)

A rainbow forms on water from a spray machine used to suppress coal dust at the Krasnogorsky open pit coal mine, operated by Mechel PJSC, in Mezhdurechensk, Russia, on Monday, July 19, 2021. Russia’s government is betting that coal consumption will continue to rise in big Asian markets like China even as it dries up elsewhere. (Photo by Andrey Rudakov/Bloomberg)

A child working at Ship breaking yard in Chittagong, Bangladesh on November 14, 2014. (Photo by Pascal Mannaerts/Alamy Stock Photo)