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Both the industrial and service sectors are improving, while consumption has become a major engine for growth, suggesting the "inherent momentum" of the economy has been enhancing, Pan said.

Bridgewater sees a positive outlook for China's economy and the huge potential of its capital market. [Photo/IC]

Brands seeking KOLs with large, loyal followings have seen their efforts pay off. For example, Ruhnn's top influencer Zhang Dayi, a model-turned online celebrity, helped to sell 2,300 bottles of sunscreen co-branded by Zhang and US skincare brand Neutrogena in just one minute during a May campaign.

But Beyond Meat is looking beyond restaurant menus in the Chinese mainland as it tries to increase its reach and find new outlets for its products in the country.

Bright future