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"Double-digit growth of fixed-asset investment is already a thing of the past that we can't go back to," said Yu Yongding, director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences. "Spending on railway infrastructure will remain strong under the long-term construction plan and it will help sustain the level of national investment and boost the economy."

"During the long-distance marches, we all sweated and became terribly smelly," he said."Almost everyone had lice in their clothes and we called them the 'glorious worms' and the 'revolutionary worms' because we thought they were the signs of our hard work."

"Each side has its logic but no one sees the whole picture that trade disputes hurt all. Japan may get advantages at present, but also may lose more in the long run," Ehara said.

"E-commerce platforms are a new form of sales channel and we have launched our flagship store on Tmall. Yet, wine is a relatively special product, as it embodies unique culture and needs to be appreciated and tasted personally," he said.

"Despite signs of recovery in the second quarter of 2020, the market took a wait-and-see approach in pursuing PE/VC deals," said Wilson Chow, PwC global TMT industry leader.