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And the most immediate challenge is the impact of COVID-19 on the economy, which may lead to labor dislocation and slower growth in household incomes.

Analysts have attributed this premature listlessness to mounting social pressure China’s millennials face - skyrocketing housing prices, competitive job market, and rising cost of living.

An online trademark service system has been launched as part of efforts to better protect intellectual property rights, the National Intellectual Property Administration announced on Nov 27.

Andrew Marble

Analysts from Shanxi Securities further explained that the leading Chinese home appliance-makers have accelerated their overseas mergers and acquisitions.