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"During a major crisis, Chinese people can be quickly mobilized and united. This will never change. The way in which people joined hands to fight the pandemic also proved this," she said.

"Despite government policies to improve the market condition for small and medium-sized enterprises (SMEs), we anticipate online marketing in the near term to face a challenging environment," Chief Financial Officer Herman Yu said.

"Despite the crackdown from the US government, Huawei manages most of its business going on as normal,"Liang Hua, chairman of Huawei, said.

"Fed monetary policy has largely become irrelevant as demand contracts at multiple levels linked to the twin shocks from supply-chain disruption and now the plunge in oil prices," Manish Shah, chief investment officer at Toolbooth Strategy, told China Daily. "Consumers will enjoy lower prices for a while, until the shale gas producers start going out of business and then the banks in Texas feel the pain."

"Favorable policies, funds and inclusiveness in better global practices will lead to the success of vocational education reform in China," Fallon said.