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"China's online consumption surged significantly despite the coronavirus impact, effectively meeting the daily needs of residents and helping to promote the steady recovery of the economy," Gao added.

"Companies enjoy the rich talent pool in the district, as renowned universities are located in Haizhu or the neighborhood, such as Sun Yat-sen University and South China University of Technology," Tang added.

"China's central bank will likely maintain the current policy to allow the yuan's exchange rate to move at a reasonable level," said Yeung. "China will not and has no intention to push for competitive depreciation."

"Cube draws great interests and good feedbacks from system integrators, governmental authorities," said Hans Yu, founder of Counect International. The device has been used by the Malaysian government to monitor sales and taxation in addition to utilization in more than 60 Chinese cities, added Yu.

"Compulsory technology transfers are explicitly banned, while we encourage the exchanges of knowledge and technology," he said, denying that China forces foreign companies to transfer their technology prior to investing in China.