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"Chinese companies have built strong relationship with German and French manufacturers in the past years. However, not many people are aware that Italy also has many good brands in high-end product manufacturing with innovative technologies. With increasing communication and cooperation between the two countries, the outlook for trade is very promising," Wang said.

"China will be one of the focal markets. We will strengthen our position by accelerating the launch of new brands and innovations, increasing our marketing investments and driving digitalization even further," said Jeremy Hunter, president of Henkel Greater China.

"Currently, the country is rolling out the list of key protected enterprises amid the prevention and control of the epidemic," Gao noted. "We've recommended several key logistics companies to be included in the list. And then financial institutions will be able to offer those firms loans with discounted interest."

"Compared with other first-tier cities like Beijing, Shanghai and Guangzhou, Shenzhen has a big population with relatively little land," said Guo Wanda, who works with the China Development Institute based in Shenzhen. "This is part of the reason why skyscrapers offer a solution to the problem."

"Clearly, artificial festivals like Dec 12 play a role in boosting discretionary spending. Elements of the festival, such as countdown shows and celebrity endorsements help to drum up the mood for spending," Qi noted.