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Compared with cash payments, handing out coupons can more effectively shore up consumption, as Chinese people tend to save cash due to their strong saving habit, said Liu Xiangfeng, a researcher with the China Academy of Macroeconomic Research.
Compared to many other firms that built their brands around 2011 or even earlier, Yang sees his company as a latecomer to the arena of Internet finance.
Commuters pack Prince Edward Station during the morning rush hour, Hong Kong, Nov 13, 2019. [Photo/CHINA DAILY]
Compared with last year, more China CEOs (65 percent in 2017 compared to 52 percent in 2016) expect their companies to be transformed into a significantly different entity over the next three years, driven by adopting new technologies, new business and operating models, and adopting new processes.
Concurred with Ng, BNP Paribas Asset Management (Hong Kong)'s senior economist Chi Lo opined that the RMB will regain its confidence from investors if the US dollar remains weak.
来源：资阳报