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"China's public market definitely wants these innovative companies to be listed domestically rather than going overseas for IPOs."

"Congratulations to President Xi and the Chinese people on the 70th Anniversary of the People's Republic of China!" Trump tweeted in the morning, which in Beijing was the evening, when a grand gala was ready to be staged in Beijing to celebrate National Day.

"Cross-border e-commerce can be an ideal way for foreign companies to debut in China thanks to easier access, lower costs and reduced time for market entrance," said Zhang Tianbing, Deloitte Asia-Pacific consumer products and retail industry leader.

"China's audiovisual market is growing rapidly. But now many video platforms are becoming more and more similar to one another which makes them more challenging to user numbers and advertising revenue," said Wei Pengju, director of the Institute of Cultural Economics at the Central University of Finance and Economics in Beijing. Companies in the audiovisual sector are certainly aware of the challenges and are actively seeking solutions. The Xigua video app now targets the new mid-sized video sector to win more users.

"Consumers feel they get useful information on certain products and tend to use interactive online posters."