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"Consumption upgrade and supply-side reform have fundamental impacts on all industries. Under such circumstances, the auto market is undergoing adjustments, but it is good for the sustainable development of the industry in the long run," said Puttfarcken.

"Clearly, we support what the Chinese government is trying to do," he said. "We don't own the pandas, but the whole world wants to help save the panda, and we do that through our knowledge exchange."

"China's growing demand for high-value products, especially automobiles, and home-related services, offers many growth points," said Peter Tyroller, a board member responsible for the Asia-Pacific at Robert Bosch GmbH, the German mobility, industrial and software conglomerate.

"Companies that have been through massive growth have to ensure they'll continue to be an attractive brand in the long term, and I believe we will."

"Compared with the requirements for China's economic and financial development in the new era, there is still huge room for the opening-up of our financial sector to domestic and foreign investment," Yi, governor of the People's Bank of China, said on Tuesday at the 2018 Annual Conference of Financial Street Forum in Beijing. "China will take advantage of the further opening of its financial sector as a crucial way to improve the quality of financial services."