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"Conversely, emerging countries such as China, with their growing influence, are eager to find an independent path of sustainable development," he said.

"Culture brings people together. It is a binding force in the development of peaceful coexistence for humanity. It will be a win-win situation for China and India - both of which have a rich and diversified culture - to further explore and develop wider cultural exchanges and cooperation that could include tourism, education, science, archaeology, music, drama and even yoga."

"Compared to the Western consumers, Chinese people have shown a higher acceptance of new products and technologies. It is for sure that high-end and technology-enabled kitchen products will promise sustained growth in China. It is one of the major reasons that we will make high-end tailor-made products as the main product line here in the future," said Maeck.

"China's regulators were trying to buck the trend by keeping the yuan stable for a long time, but they are probably just going to let it follow market forces at this point instead of using precious dollar reserves to defend the yuan," Ann Lee, a specialist in China's economic relations and adjunct professor at New York University, told China Daily.

"Chinese consumers are increasingly cooking at home and like small home appliances with multiple functions and attractive appearances," said Si Zhenming, brand director of Joyoung.