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"Family businesses in China should put their focus on business transformation and innovation, proactively monitor the general economic situation, invest more on people and talent retention, and even engage professional advisors to support their development," Sun said.

"Durable and environmentally friendly chemical products are a key enabler for the development of many downstream industries," he said.

"Earnings momentum has cooled this year along with the economy, and we expect the trend to extend into 2019," said Gao Ting, head of China strategy at UBS Securities.

"Each production line now produces between 40,000 and 50,000 face masks a day," Lam told China Daily.

"Despite all of the geopolitical tensions that exist in the world, between China and the US, we continue to build our US business carefully," said Michael Evans, president of Alibaba, reported Yahoo Finance. Evans said he has been to Washington to talk about the e-commerce giant's business plans in the US, so "we don't surprise them".