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Chinese internet companies, including Alibaba, JD, Suning and Meituan-Dianping, made promises on Wednesday, saying they are determined not to manufacture and sell counterfeit products, evade taxes, mislead, cheat or threaten consumers to delete and revise after-sale evaluations. Moreover, they jointly signed a convention to fight against false advertisements and reject scalping behaviors.
Chinese companies should retain confidence despite the current unknown and complicated international environment, according to industry insiders.
Chinese consumers will make up around half of luxury purchases globally by 2025, compared with 35 percent in 2019. Luxury purchases made within China itself will take up 28 percent globally in 2025 than 11 percent in 2019.
Chinese airline brand values are taking off as they expand abroad while their US counterparts' brand values are dropping, according to the latest report by Brand Finance, the world's leading independent brand valuation and strategy consultancy.
Chinese enterprises in general reported prosperity rebounds, with the PMI of large enterprises up 1 point from the previous month to 50.9, back in the expansion zone.
来源：资阳报