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"China's exports saw challenges with the rise of trade protectionism," Ren added. "The economy also felt the pinch from a tightening of liquidity conditions during financial deleveraging. While this has reduced credit risk, it has also increased financing difficulties for private enterprises."

"Chinese internet giants are leveraging their own capital and technological advantages to create retail ecosystems, while consolidating offline spaces and upstream and downstream industries to maximize their competitive edges," said Jennifer Ye, PwC China consumer markets leader.

"Collectively, the students who have entered USF through the gaokao admission program have achieved considerably higher results than the Chinese students admitted through the traditional admission process," said Jason Opdyke, assistant vice-president for international admission at the University of San Francisco.

"Consumers in China are very demanding, and the generation gap of consumers is becoming smaller. More people are willing to pay for premium, ultra-premium and innovative dairy products," said Colaco.

"Chinese companies are very competitive in the global infrastructure industry. I believe that through infrastructure and investment and cooperation with (partners) from different countries, especially those involved in the BRI, more fruitful results will be created," he said.