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"China not only has a competitive edge in the production of light industrial goods or textiles but also is almost on a par with the developed economies in terms of manufacturing of high-tech products and major equipment," said Wei Jigang, a researcher with the Development Research Center of the State Council, China's Cabinet.

"By providing conveniences to more people, sharing economy separates the ownership and usage of products, which is hard to define in terms of responsibilities of both parties," said Lu Wenhui, a consultant with Aon-COFCO, a Shanghai-based insurance broker.

"China has been undergone tremendous transformations during the past 30 years," Ge said. "The world is evolving in a speed we could never imagine before."

"China is one of the world's most important education markets. That is why we launched the product first in China. With the country's demand for STEAM talent surging, we hope to establish a new educational ecosystem," said Masaaki Isozu, CEO of Sony Global Education, a unit of Sony Corp.

"COVID-19 is a global problem, and therefore it is a problem for all countries," he said.