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"By the end of the year I plan to donate 6,900 items of stationery. Most of my employees are parents of these pupils so I want to enhance my relationship with them," he says.

"By issuing new rules, the regulator has removed uncertainties faced by banks regarding the development of online lending and created conditions for banks to more actively engage in this type of business. The banks that used to have a wait-and-see attitude toward online lending or conservative attitudes toward innovation are likely to increase investment in this respect," Zeng said.

"China has explored a way of development financing." Zhou cited the China Development Bank as a good example in integrating resources, bridging the state with market and operating independently from government subsidy.

"China is an important factor," said Suan, adding that China's performance will be particularly important for the ASEAN region. "If China shuts down, we will be unable to get our goods or the needed inputs from China. Now China is back on its feet, so that should be able to help us get through this challenging period."

"China has undertaken substantial efforts to improve the domestic business climate for small and medium-size enterprises, maintaining an active pace of reforms," said Martin Raiser, World Bank country director for China.