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"Charity revenue is the barometer of China's socioeconomic development," she told China Philanthropist magazine, adding that the correlation needs more annual figures as proof.
"China is removing the cap on overseas ownership of joint ventures in the country. The progress has already been seen in the automobile sector. The telecoms industry is highly likely to be the next one to benefit from the change," Fu added.
"China has managed the aftermath of coronavirus much more efficiently than Western economies and will therefore catch up with these economies rather more quickly," he said.
"China is trying to make the globalization process more life-oriented, human-oriented and development-oriented," he said.
"But, right now it's too early to really tell what the true ramifications of the added tariffs are. We will have to see what happens in the next couple of months," she said.
来源：资阳报