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As crossover branding is now a hot trend for many sectors across the world, Devialet, the French acoustic engineering technology specialist known for audio products including high-end speakers, unveiled its latest product – Phantom Reactor Opéra de Paris in China to further enhance its market presence. [Photo/Devialet]

As former Morgan Stanley employee Duncan Clark writes in his book Alibaba: The House That Jack Ma Built, "SARS validated digital mobile telephony and the internet, and so came to represent the turning point when the internet emerged as a truly mass medium in China."

As a result, almost a quarter of surveyed respondents said they expect travel budgets to increase in 2020, while 71 percent anticipate operating with the same level of investment, suggesting China-based companies remain relatively optimistic about the business travel environment.

As for the escalated China-US disputes and external uncertainties, policymakers and advisers at the forum showed some concern over financial decoupling of the world's two largest economies. They called for promoting the renminbi's use in cross-border trade, investment and commodity transactions to reduce dependency on the US dollar.

As a result of the stock connect mechanism between Shanghai, Shenzhen and Hong Kong, overseas investors' interest in the A-share market has increased. According to the CSRC, overseas investment in the A-share market reached 161.6 billion yuan (.4 billion) from January to July this year. The figure was 118.9 billion yuan during the same period in 2017, as calculated by GF Securities.