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"Foreign firms, such as our own, often have to hire talented people with financial and language capabilities, and an understanding of international compliance standards. We have seen a huge improvement over the last couple of decades in this area and the key reason is China's opening up," Lu said.

"Global cooperation is ever so important to deal with a truly global crisis," said Gopinath, who warned that geopolitical and trade tensions could damage fragile global relationships at a time when trade is projected to collapse by around 12 percent.

"Fortunately, we're betting on the right track. As the TikTok accounts attracted more and more traffic in June last year, our team had grown from just three staff at the onset to more than 20 and finally got the business off the ground, managing more than 100 official accounts," recalls Cheng.

"Floorball is easy to learn and can help the players strengthen their physical activity, promote their mental development and boost their coordination," he said. "I'm familiar with the sport because floorball is also offered at our school. Therefore, when I was asked to give some lessons, I agreed without hesitation."

"Generally speaking, QuestCore is the most intelligent and cost-effective video analysis chip in the world," said Lu Hao, YITU's chief innovation officer, adding that it is 100 percent designed and manufactured in China.