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[Photo by Tian Weitao/China Daily]

[Photo by Wang Zeming/China Daily]

Zhou added that as China's market-oriented reforms take many years to complete, there are still some distortions in the Chinese market.

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[Hat tip to Cnet]

Zou made the remarks on Friday during a seminar in Beijing organized by her firm.

Zhu is not alone. Facing the epidemic, companies and the government in Yiwu, known as the "World's Supermarket," are striving to find new business paths and opportunities in the crisis.

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Zhu Heliang, an expert in branding and director of Chinese brands research center, Capital University of Economics and Business, said Chinese brands needed to focus on innovation and increase relevance to market demand.

[Photo/fmprc.gov.cn]

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Zhu agreed that the link bears great influence for both economies. "Take a look at the population in my province, you can be assured that a huge market is waiting for your milk powder, beer and other goods," Zhu told the audience.

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