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"Companies that only focus on profits will neglect product's quality and lack the spirit to pursue perfection," said Ling. "The art museum is a strategic way for our company to establish public recognition and improve customer experiences," said Ling.

"Competition will also lead to cheaper battery prices and more industry consolidation, and the rest of the domestic battery manufacturers will have to fight more fiercely for market share."

"Currently, the womenswear retail market in China is worth more than 2 trillion yuan (8.5 billion). I estimate that the women's clothes sharing market will exceed over 100 billion yuan in the country in the near future. Wearing much-needed clothing will always top the agenda of almost every woman. So it is truly a business opportunity."

"China will be the world leader in AI by 2030," he said. As the trend of applying AI in real estate was strong, he said China is leading the way in real estate.

"Consumption demand has been shifting gradually from goods to more services. This will also help maintain labor market stability during the period of economic transformation," Qu said.