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"Compared to conventional commercial banks, Banco XCMG is capable of providing suitable financial products for its end users and distributors with high service efficiency and low financing costs," said Wang Min.

"Chinese luxury-brand consumers are younger than Bulgari's consumers worldwide. Compared with European consumers, Chinese consumers are exposed to luxury brands at a younger age. The average age of our Chinese consumers is between 25 and 35, while the age of European consumers ranges from 34 to 45," Babin added.

"Consumers in Europe and the United States are still used to shopping in brick-and-mortar stores, where they get most of the brand recognition. We have to respect the status quo of the mature overseas markets. We have to adjust to the local market rules by adapting our products, pricing, and distribution strategies," he said.

"Companies hit by the coronavirus can get an allowance from the central government when they organize online skills training for their workers," he said. "Companies and workshops that hire people stricken with poverty or those having difficulties finding jobs will be given subsidies for no more than six months."

"China stands ready to work with the Pakistani side to implement the consensus reached by leaders of the two countries, maintain high-level exchanges, deepen people-to-people and cultural exchanges, advance the construction of the China-Pakistan Economic Corridor, and promote cooperation in economy, trade and investment, so as to build a closer China-Pakistan community of shared future," Wang said.