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"Consumers are getting more used to purchasing jewelry online due to convenience and the same quality compared with products from local stores."

"China should strengthen policies to encourage shipyards to achieve smart manufacturing in more specific and detailed manufacturing processes, especially in the outfitting phase," he said.

"Co-branding is just the first step for sustainable development of Chinese toy companies and it's more important to have their own brands in international market, "said Tong.

"China's own great changes and its perception of the future are very important. If we look at it in a more profound sense, China is the future," he said.

"Compared to local language-learning competitors, one of our advantages is that we have a lot of different languages. So we will continue improving the current courses we have as well as creating more courses for Chinese users," Loh said.