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As the most representative consumer goods stock in the A-share market, Shanghai-listed Moutai boasts a market value of about 900 billion yuan. Among the 15 listed Chinese companies with the highest market valuations, Moutai is the only one from the consumer goods sector. The others are mostly from the technology, finance, telecommunications and petroleum sectors.

As the number of college students, migrant workers and traders in urban areas rose in the early stages of reform and opening-up, the delicacies were welcomed for their flavors and affordable prices.

As the US dollar is still facing depreciation pressure, Sheng said the COVID-19 epidemic recovery offers an opportunity to accelerate yuan internationalization as several foreign investors are searching for financial products with steady value to avoid foreign exchange fluctuations. China, one of the countries that has controlled the pandemic at an early stage, has shown resilience in its economic recovery and the same will help strengthen its currency, he said.

As well as his hospitality interests, Faull also finds time to maintain a thriving dairy farm back in Taranaki in New Zealand's North Island.

As the CEO of air purifier manufacturer Blueair, Mehmet Altinok quips that selling clean air is basically like selling ice cream, as they are both primarily seasonal products. One is a necessity in winter－especially in China－and the other is a summer treat.