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"Convenience store operators' large scale in the country has provided investors returns," said Pei Liang, secretary general of the China Chain Store & Franchise Association. "The new momentum coming from internet giants' involvement has intensified competition and altered the layout of the sector."

"China will stand out with its robust growth throughout our forecast horizon," Molnar said. "In that sense, China will likely remain a greater contributor to global growth than it was in the couple of years prior to the pandemic."

"China's bike-sharing industry now enters a new stage of integration. Bikerental firms need to expand their business in an orderly way, improve the way of operating bikes and increase their profitability," said Raymond Wang, a partner at Roland Berger China.

"Chinese beers are encountering a significant premiumization over the past few years as Chinese consumers become more sophisticated," said Andre Feldmann, director of Asia Operations at Barth Haas Group, a supplier of beer hops.

"China, the world's largest truck market, is of utmost importance to us and has become one of our important markets for future growth," said Martin Daum, CEO of Daimler Truck AG.