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"For one thing, they have not defined what innovative leadership means to them; for another, they generally don't know how to measure or reward it," he said.

"Foreign firms tend to have extensive international experience and they are strong in business areas such as principal securities trading (where the securities firms use their own capital for capital market investments to realize higher profits), capital and fixed-income, foreign exchange and commodities markets. Their presence will bring more competition and force local securities firms to accelerate development, which will help energize the Chinese market, and boost the regulator's goal to further open the financial industry," Zhang said.

"Foreign-funded companies should not be worried," he said.

"From Oct 1 to 7, more than 220 young couples from Beijing, Shanghai and other domestic cities visited our tourist zone and took wedding photos. They had to line up for a long time," said Sun Qiuyan, a manager in charge of the wedding photo services at Boundary Island, a tourist zone in Lingshui Li autonomous county in Hainan.

"Given Japan is in the midst of a global pandemic, it's unlikely that whoever succeeds Abe can start putting out major policy changes. No one is expecting that from the next prime minister," Makihara said.