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Work and life are being reinvented by innovative businesses and digital technologies. This in turn offers opportunities both locally and globally.

Workers make protective suits at a production line of a clothes company in Shijiazhuang, Hebei province on Feb 18, 2020. [Photo/Xinhua]

Without such rules, unilateral practices, such as imposing sanctions on companies will risk reversing globalization by deterring companies from doing business overseas, Lu said.

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Worldwide, the group expects growth to slow to 1.3 percent, down from its initial forecast of 2 percent. That would be below the 2.6 percent expansion in 2019, and the weakest since the 2008 financial crisis.

Women learn traditional Yi-style embroidery at a farmer school in Xide county, Sichuan province. YE ZIZHEN/CHINA DAILY

Wu Qiang, vice-president of Oppo, said the company's smartphone sales have been recovering rapidly, with some sales personnel undertaking product deliveries.

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Worst of all, a liquidity-driven asset price boom is simply an unearned gift of new wealth to people who already own lots of assets. As we have seen in the US over the last two decades, a loose monetary policy makes income inequality worse and exacerbates social tensions.

Wu Lijun, chairman of the Shenzhen Stock Exchange, said the two bourses will utilize their market and information resource advantages to attract innovative companies, investors, investment banks and listed companies to participate in cross-border financing programs on the platform.

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With upgraded BMW B Series 2.0L TwinPower Turbo engine powering the latest model, it is more efficient and reliable, and generates a maximum output of 185 kW and peak torque of 350 Nm.

Workers at the Ballard AmazonFresh Pickup site test what appear to be motion-activated signs that tell customers their orders are coming. (GeekWire Photo / Todd Bishop)