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"Companies that back their brands with the power of creativity and ideas will be the winners in today's world of innovation and change, and China excels in this respect," said David Roth, chairman of BrandZ and BAV Group, which are subsidiaries of WPP.

"Compared with tissue and other paper products, toilet rolls are in urgent need and have become the majority of our products to be shipped to overseas markets such as the United Kingdom, the United States, Singapore and Australia this year," Zhang said.

"China's reforms have come to a stage where the leftovers are the 'hardest bones,'" said Wang.

"Cloud adoption rate is an important parameter for the digital economy," Pony Ma, chairman of Tencent, told a cloud-computing summit in Guangzhou. "It is parallel to using electricity consumption to gauge economic development in the industrial age."

"Companies must balance low manufacturing costs with overall supply chain costs such as transportation and components supply," Tonby wrote.