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"China as a country is a quick adapter of new tech, so companies that might struggle to create a market in the US have an opportunity to get quicker market acceptance in China," he said.

"China is one of the most, if not the most, important markets for us. Even though cognac only accounts for a tiny fraction of the market here, the penetration rate is the highest," he said.

"By listing in the NYSE, we are on a right path to become a global chain retailer, especially for the global young consumers," said Ye Guofu, founder and CEO of Miniso.

"China Shipbuilding Corp will uphold national strategies about building strong marine and manufacturing industries, boosting science and technology, developing the military into a world-class force and transforming the company itself into a top-tier enterprise," the statement said. "We will strive to become a top-class shipbuilder with a competitive edge in the global market."

"China has set an example for the world in wildlife protection and shown the determination of a responsible stakeholder on the global stage," said Dr. Sun Quanhui, science officer of World Animal Protection, a United Nations general consultative organization.