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"Duty-free consumption has become a crucial part of the domestic economic circulation," said Wang Yiwu, director of the Economics Research Institute of Hainan University, noting that because of the pandemic, many Chinese people could not go abroad, which led to the boom of duty-free shopping in Hainan to some extent.
"Even with manufacturing challenges and the potentially longer and more pervasive challenges that may exist in some of the service sector, we still see growth across China and that being a key source of global growth," said Peter Reynolds, partner and head of Oliver Wyman China.
"Every time I have tried not to bring my own instruments. I try to use their instruments, because I want to show them that even with their own instruments, the doctors there can still achieve what I can achieve," said Kwok.
"Economic activities never existed in isolation. They are dynamic and cyclic. Since China has deeply integrated itself into globalization, it cannot expand domestic demand without the smooth operation of the global industrial and supply chains," said Wei Jianguo, vice chairman of the China Center for International Economic Exchanges.
"Europe is an important market. The freight train will further diversify our logistics offerings for small and medium-sized businesses and help them get greater and easier access to cross-border trade opportunities," said James Zhao, general manager of Cainiao Global.