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"First, incomes need to grow faster. Second, household consumption is rising and demand for high-quality goods and services is growing. However, there is still insufficient domestically made high-end products and services to meet demand."

"Getting married means being responsible for a family and being in a position to raise a kid," said Shi, who graduated from Monash University in Australia. "I'm not ready for it."

"First of all, the targeted customer group should be determined, and the portfolio of products should be differentiated so as to bring about new shopping experiences. Second, online retailers must do well in supply chain management, balance the online and offline prices of products, as well as consider cost structure to gain profits," Mo said.

"Great opportunities exist for Spanish companies in the infrastructure, construction and power sectors. Spanish firms, with understanding and existing relationships in countries across Latin America and Africa, face a great opportunity to work with Chinese firms in these markets, and they have great expertise to offer in such partnerships," he said.

"Having grown our footprint across Southeast Asia, today we have amassed extensive domain knowledge when it comes to understanding the local financial landscape and regulations. We have successfully collaborated with top financial institutions and leading third-party service providers to build end-to-end digital solutions and ecosystems that are highly relevant to the local markets."