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As economy stabilizes, China's CCI will remain in steady growth for the foreseeable future, he said.

As for corporate management, the fierce market competition and demands from clients impose more requirements on enterprises' ability to innovate and their responsiveness.

As a result, Nikon laid off 1,000 employees in Japan late last year, which was around 10 percent of the company's total headcount in the nation. Canon reported a 10.5 percent decline in its turnover for the 2016 fiscal year. Fellow Japanese camera maker Ricoh said in April that it might close its consumer digital camera business.

As a neighbor, Guangxi already benefited in 2018, attracting 338 billion yuan (.4 billion) in investment from the area, Lu said. That included adding many companies, primarily from the electronic information, textile and clothing industries.

As a huge fan of bicycles, he also expressed his affection for China's shared bicycles, saying that "shared bikes are bringing cycling back to people's lives ... and they are making public transport more attractive and convenient, and encouraging people to be more active."