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"Despite increased bond issuance quotas, local government debt continues to rely on local government financing vehicles-in effect specialized local government-owned and State-owned enterprises-to fund a significant portion of their infrastructure investment," said Fang.
"Digitization is exerting a great impact on our life. According to our clients, data now is not only an asset. Integrating data from inside and outside enterprises, we can monetize data, to bring more business growth to companies," said Hsin.
"Employment creation is the primary mission of economic development and a fundamental livelihood issue for the people," Li said. "As we are still expected to face considerable employment pressure in the coming year, we must prepare well and take precautionary measures as much as possible, which may include giving local governments and businesses more flexibility in employment policies."
"Driverless car technologies and ride-sharing services are advancing so quickly that in the future more and more people will choose convenient ride-sharing services instead of buying cars and paying for the maintenance. And it will eventually affect the whole market," Zeng added.
"Daigou services will not disappear, but these shopping representatives or proxy shoppers need to make a transformation. They could transform into small and microenterprises that are engaged in cross-border e-commerce, or just purchase overseas products for others occasionally, which involve a small amount of money," Dong added.