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Deng Yangmei is a member of the China Finance 40 Forum, a non-governmental not-for-profit think tank dedicated to policy research on economics and finance. Xu Qiyuan is a researcher at the Chinese Academy of Social Sciences.

Despite rising housing prices, Han Jianhua, an assistant director of a furniture company in Fuzhou, Fujian province, feels confident he can buy a home in the near future. "A bicycle was all I owned when I started working five years ago. Now I drive my own car to work. My next plan is to buy an apartment and settle in the city," he said.

Despite the greater scrutiny by the market and regulators, there are several actions that Chinese IPO candidates can take to map a smoother listing process.

Despite an expected debt increase, the official noted that the risk remains controllable, pointing to major indicators that are well below alarm levels.

Depending on the impact of the novel coronavirus on global supply chains and production capabilities, the demand could be significantly slowed, as GFK noted, however, smartphone vendors still have positive anticipations for the industry this year.