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"Companies in China are in a phase of transition from a more mature product business to an increasingly innovative one," he said.

"Chinese consumers have awareness that milk is good for their health, but the public doesn't know how to correctly eat dairy products, and more importantly, they haven't formed the habit. The task of improving national health literacy is still arduous," said Wu Qiulin, director-general of the CDIA.

"Chinese regulators have allowed multiple securities, asset management, insurance, and other financial firms from the United States, Europe, and Japan to convert existing minority positions in joint ventures with Chinese partners to majority foreign-owned firms and have licensed a number of new wholly foreign-owned financial firms," Lardy noted in an analysis.

"China's mobile game market is gradually expanding, but it is seeing a continuous slowdown in growth rate," Gamma Data said. "The overseas mobile market is growing in size. While a growing number of Chinese game companies have entered the global market, they still occupy a low market share overseas. I suggest they beef up efforts to expand overseas to generate new streams of revenue."

"China will continue to resolutely support the Caribbean countries in their fight against COVID-19," said Zhao, adding that China will share its anti-epidemic experience and treatment plans, provide medical supplies and technical assistance, and facilitate their procurement of medical supplies from China.