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Chinese consumers think domestic brands, compared to international, are better at meeting their demands and establishing emotional links, according to Prophet's top 50 brands' list.
Chinese electric carmaker BYD Co Ltd's resounding success in the international arena is perhaps one of the best examples of the nation's reform and opening-up in the last 40 years.
Chinese fast-food chain operator Kungfu has reopened 283 eat-in restaurants across the country, and more than 400 have resumed take-out services as well, the company said. Still, the company expected sales to drop more than 70 percent year-on-year in the first quarter of 2020.
Chinese enterprises, with a growing globalization capability in recent years, have diverted more capital from developing countries to developed European and American market with higher access threshold. They also put more money into high technology, agriculture and real estate rather than previous energy, minerals and other natural resources.
Chinese has taken note of the briefing and recent remarks by senior US officials, which project a message of hope that the situation on the peninsula can be resolved to peacefully through talks, Foreign Ministry spokesman Geng Shuang said on Thursday.
来源：资阳报