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"Every time regulatory authorities relax regulations on the proportion of an insurer's investments in equity assets to its total assets, the move will bring tremendous returns to the insurance sector, especially leading insurers, and promote rapid development of capital markets," said Wang Guojun, a finance professor at the University of International Business and Economics in Beijing.

"Danger and opportunity always coexist. Quanzhou has seized opportunities from the difficulties and aims to promote higher-level of high-quality development," he said.

"Even though many global companies previously adjusted their global production plans based on factors such as operational cost and stability of supply chain, we have seen both goods orders and investment flowing back to China in recent months," he said.

"Down jackets used to be an immensely seasonal and regional product in China. They were such a marginalized category in department stores that they shared space with swimwear when it was out of season," said Ye Qizheng, co-founder of DFO Showroom, one of the largest fashion showrooms in China connecting buyers and designers.

"Efficiency, reliability, cost and regulation are the four key factors that will decide if cryptocurrency has the competitive edge to replace traditional currency," said Li Lihui, former president of Bank of China, at in a recent seminar in Beijing.