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"Giant pandas today also eat herbs occasionally," he added.

"For many Western brands, it will be critical to participate now in the rebound of the Chinese economy and the increasing appetite of Chinese consumers to restart spending, as their businesses in the rest of the world struggle or even come to a standstill," he said.

"Given the gradually rising, yet considerably tame outlook for inflation in 2020, we believe the Federal Reserve is likely to sit on the sidelines throughout the year with interest rates remaining steady at the current 1.5 percent to 1.75 percent," the S&P Global analysts said.

"From the demand side, the EV (electric vehicle) fleet is growing rapidly. Early adopters to EVs were usually affluent people with private parking garages and private chargers installed. As the EV market expands, more customers do not own their own parking spaces, which creates more demand for public chargers. The rising charger utilization rate will generate better cash flow, which will help investors build more chargers," he said.

"For registered poor households that have the ability to work and have a strong desire to shake off poverty, we have provided them with collateral-free small loans of up to 50,000 yuan, on a three-year term, at the benchmark lending rate. And we have also granted loans totaling 13.8 billion yuan through information and risk-sharing mechanisms jointly established with national and provincial agricultural credit guarantee platforms," Shao said.