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"Each one of them represents the government," he said. "Officials should be more united and avoid passing the buck".

"Expansion into overseas markets could not only relieve the pressure of high inventory in the domestic market but increase Konka's international influence," said Dong Min, an independent researcher in the home appliances sector.

"Exploring a new market is the first thing we do, so understanding the local language, culture and habits is very important. Chinese employees have no advantage in these fields, and they will be treated as outsiders," Wang says. "In the past, we hired African employees in Africa, mostly for the most basic and low-level jobs. This is the first time we have attended a job fair for African students in China. We want to hire high-level employees with skills in language and business negotiations, and a knowledge of both China and their home country."

"ESG could actually bring financial benefits to investors. According to an empirical research, in China's A-share market, stocks with higher ESG scores have outperformed those with lower ESG scores in terms of return rate by more than 10 percentage points in the past two years. It is also the case after the COVID-19 pandemic," Wang added.

"Digitization is exerting a great impact on our life. According to our clients, data now is not only an asset. Integrating data from inside and outside enterprises, we can monetize data, to bring more business growth to companies," said Hsin.