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"Chinese flights' on-time performance hit 80.35 percent during the first half this year," a year-on-year improvement of 0.83 percentage points, Sun Shaohua, deputy head of the Civil Aviation Administration of China's operations and monitoring center, told a news conference on Tuesday.

"China's fast growing 5G technology infrastructure, artificial intelligence, machine learning and digital related-business environment, as well as people's willingness to connect with various products via digital applications, are creating many opportunities, Michael Martin, vice-president of Nike China and general manager of Nike Direct China, said.

"Compared with other listed companies, commercial banks have relatively good performance, so their IPOs will provide good investment targets while raising funds at the same time," Wu said.

"Chinese investors are more cautious about investment. They no longer chase those hotbeds but start to think about business sustainable in the long term," said Xu.

"Chinese consumers, especially millennials, want to enjoy life... they care about their individuality and love to travel, and when it comes to shopping in both online and offline channels, they have unique tastes," said He Xiaoqing, global partner at A.T. Kearney, the US-based management counseling firm.