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As shown by data of Nielsen Consulting, 40 to 50 percent of Chinese consumers are willing to pay higher prices for natural, sustainable and organic products.

As the pandemic has been curbed in China, China's economic recovery is accelerating. Vossoughi said there are many forces behind this, of which supportive policies from the government are extremely significant.

As we detailed yesterday, tech execs like Bezos, Zuckerberg, Apple’s Tim Cook, Microsoft’s Satya Nadella, Alibaba’s Jack Ma, and 24 other executives gathered in Redmond, Wash., to meet with China President Xi Jinping at the conclusion of?the eighth annual U.S.-China Internet Industry Forum. It was a rare gathering of some of the most powerful people in the tech industry — Bill Gates was also in the room — who traveled from across the globe to Microsoft’s campus this week in the Seattle region where President Xi has spent the past three days.

As well as attracting tech firms, the STAR Market is performing a role spearheading registration-based reforms such as those relating to market-oriented share pricing, market data show.

As the United States reported a second death from the novel coronavirus, Washington officials told US citizens to be prepared for an escalation in cases, but also expressed confidence that the virus would be brought under control.