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Dong Ximiao, a researcher at the National Institution for Finance and Development, a financial think tank under the Chinese Academy of Social Sciences, expected additional "targeted cuts" to the cash amount that banks must set aside, known as the reserve requirement ratio, especially for small and medium-sized commercial banks, in order to free up more funds for loans to SMEs.

Dubow rejoined A&M as head of A&M Asia in 2012, giving a hand to private equity sponsors with the operating turnarounds of their portfolio companies, including taking interim management positions where required. He leads a team of professionals that provides various services to investors from pre-acquisition due diligence, to post-investment performance improvement, and exit sale support.

Driven by stable employment and individual tax reform measures, wage income rose by 9.4 percent, up 2.4 percentage points from 2018.

Douglas H. Paal, vice-president of the Asia Program at the Carnegie Endowment for International Peace, said "it all depends on who is selected to replace her, and whom that person represents in an administration of divided foreign policy perspectives".

Dongguan further optimized its trade structure, with mechanical and electrical products as its main exports last year.