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"Downside risks to the US outlook seem to have receded in the latter part of the year (2019), as the conflicts over trade policy diminished somewhat, economic growth abroad showed signs of stabilizing, and financial conditions eased," the report said.
"Driven by rationality, cost performance remains one of the most important reasons for consumers to choose domestic brands, even though they are more influenced by quality than price," said Justin Sargent, president of Nielsen China.
"Due to the COVID-19 travel restrictions, there is significant growing demand for imported goods among Chinese consumers," Liu told an event kicking off the Double 11 campaign for foreign merchants. "International brands need a trusted channel for reaching Chinese consumers, while domestic shoppers are looking for ways to buy more quality products from abroad."
"Daily shipments bound for cities outside Yunnan province amounted to more than 10,000 bundles during July 31 and Aug 3. And the price dropped as the shipments decreased from Aug 4," said Zhang Liang, the president of Zhangliang Plants and Flowers of Professional Cooperative in Jinning county of Yunnan.
"Expectations of a recovery in China's credit expansion figures for January, which indicate improved economic fundamentals, also raised foreign investors' interest in Chinese stocks," Zhang added.
来源：资阳报