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"Compared with the policies allowing foreign banks to set up branches in China, in addition to wholly owned subsidiaries and joint-venture banks, or remove caps on foreign ownership in Chinese financial institutions, we pay higher attention to the policies that expand the business scope of foreign banks," he said.

"Companies need to focus on the younger generation's preferences and develop more affordable and environmentally friendly products, as well as making products more convenient for consumers to recycle," she said.

"Chinese are some of the smartest people in the world and very talented. Previously, it was difficult for them to express themselves. But things are changing rapidly here, with young people very productive in new ideas," Garson said.

"Compared with State-owned enterprises and banks, new or small firms have more active cultures and less administrative tasks, so this means we get to learn more and climb the ranks faster," she said.

"Currently we are going through one of the biggest slowdowns that we have seen in recent times," Pawan Goenka, managing director at automaker Mahindra said earlier on Wednesday after the company reported a quarterly profit.