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Chinese companies' embrace of new technologies has given them a more positive outlook on their development prospects, according to global market consultancy EY's Growth Barometer report released on Tuesday.

Chinese monetary policy is in transition, in line with the economic restructuring process, said Ren Zeping, chief economist of property developer Evergrande.

Chinese Vice Premier Han Zheng (center) presides over a symposium after an inspection of the National Development and Reform Commission on Feb 12, 2019. [Photo/Xinhua]

Chinese carriers are taking various measures to overcome the difficulties posed by the novel coronavirus outbreak, promoting destinations and selling tickets through livestreaming sessions as part of the latest ways for them to get through the challenging time.

Chinese customs have also taken a tough approach on the trafficking of endangered species and related products, with some 614 kg of ivory products seized in the first half of the year, the report said.