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"China's economic recovery was not strong enough due to limited improvement in demand, and some companies didn't replenish inventories," said Zhong Zhengsheng, chairman and chief economist at CEBM Group, a Caixin subsidiary. "As the pneumonia epidemic is putting pressure on the economy, policymakers need to make efforts to ensure no major disruptions to improving business confidence."

"China's pesticide industry is riddled with low profitability and only global scale can improve that."

"Considering that the average basic consumption expenditure for residents in Chinese cities and towns is about 4,200 yuan a month per person in 2018, we set the minimum threshold of personal income tax at 5,000 yuan. It not only covers the expenditures but also leaves room for further increases in consumption," Vice-Finance Minister Cheng Lihua said at a news conference on Friday.

"Chinese art houses have expanded everywhere. We have more than 40,000 screens in the country. China's film box office is the second largest in the world," Chen said as he presented a sneak peek of his movie The Legend of the Demon Cat. He also discussed his cinematic journey as one of China's fifth-generation directors.

"Chinese fintech companies can also increase their international presence in the sector, and seek more cooperation opportunities by setting up branches in central and east European countries. However, risk management may still prove to be a major challenge," said Wang.