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"For many seniors, this is a quality of life issue, and the use of cannabis improves their quality of life," he said.

"For example, sales of instant noodles slowed in the past years. So, some companies invested in innovation and revitalized their product portfolio. They launched high-end versions to meet consumers' needs. That should explain why high-end instant noodles saw faster growth, while sales of low-end versions didn't grow as fast."

"Generally speaking, I take a rosy view of the sharing economy's future growth," Chen said. "Companies should take on their social responsibility and implement effective measures to protect consumers from the very beginning. And the regulatory authorities need to guide the companies to a healthy growth path."

"For luxury brands, the market of Gen Z(referring to those born after the mid-1990s) matters hugely," Mike Hu, the managing director of Tmall in charge of fashion and luxury products, said in a press release.

"First of all, it's been UK car manufacturer investing in China, I think Jaguar or Land Rover opened its plants in China," Hawes said. "It's expanding production and that's taken some of the export from its UK plants and based them in China."