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"Electric stoves, like electric vehicles, are still quite new to Chinese consumers. The promotion would have been more difficult without the national-level exhibitions. With that, we will have the confidence to reach more consumers in China, and further explore the countries engaged in the Belt and Road Initiative," said Maeck.

"Even if it's teaching English overseas, it has a huge market spurred by rising demand from foreign-born Chinese and non-native English speakers," he added.

"Despite signs of recovery in the second quarter of 2020, the market took a wait-and-see approach in pursuing PE/VC deals," said Wilson Chow, PwC global TMT industry leader.

"Dealers are dumping stocks for fear that economic activity will drop off because of the tighter restrictions in various parts of Europe," said CMC Markets analyst David Madden.

"Every year, we see about 15 million people entering the job market, and that growth won't slow down in the near future," he said. "It's projected that 11 million urban jobs will be created this year, but in actual fact, the number will go beyond 13 million."