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"Digitalization has been an ongoing area of investment for us in the past several years," said Gao."E-commerce is an avenue we value a lot and will be our business focus from now on."

"Every single company at the board level needs to consider the ESG risks, they need to tell the investors how they will manage the ESG risks and how they will be mitigated, as well as the plans and targets," said Ng.

"Ferrero leveraged the ideal platform of the CIIE to launch its new offerings in order to expand our footprint in new categories. Our developments in innovation, high-quality products and consumer experience will continue to keep up with the evolving needs of Chinese consumers", he added.

"Empowering residents from the most underprivileged regions in China, Kuaishou has launched a series of rural entrepreneurship incubation programs that educate participants on how to set up and run businesses, as well as help rural residents sell locally-made products," Song noted.

"Facing the complex and volatile economic and trade environment in both China and overseas countries, we have seen consumer products sector taking the lead in overseas mergers and acquisitions. This is largely due to huge potential of domestic demand in China's consumer market, and the urgent need for stable and sustainable development." Loletta Chow, Global Leader of EY China Overseas Investment Network, said.