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"Everyone, government officials and businesspeople, understand that industry has to upgrade. If you don't upgrade, you will be expelled from the market. If you upgrade, it may bring some hurt. But, if you don't upgrade, the only question is whether you die early or die late."

"Faced with increased uncertainties, only digitization is a definite development trend, as the value of procedural and repetitive knowledge and skills will gradually shrink with improvement on AI technology," said Sun Ying, chief education officer at the Future Education Research Institute at Nasdaq-listed coding firm Tongcheng Tongmei.

"Economic recovery should continue, following the recent rebound in the second quarter. Domestic consumption will likely improve further with continued policy support and the normalization of economic activity," said Wang Tao, chief China economist at Swiss bank UBS.

"Especially, a Memorandum of Understanding on Cross Border Railway signed between the two sides during the visit has paved a way for further enhancing cross-border connectivity between the two countries in the days to come," the prime minister said, referring to the proposed cross-border railway line connecting Nepal's capital Kathmandu with Chinese border town of Kerung.

"Even when they don't restart operations, they must still pay rent and utility bills every month, which in some cases could account for as much as 50 percent of their total costs, such as for small grocery stores," Tang said.