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"From the standpoints of these factors, resilient employment and wages are encouraging, as are ongoing stability in corporate earnings; however, the greatest source of potential weakness for China is concentrated in the emerging deterioration in global demand," said Roach, who is also the former chairman of Morgan Stanley Asia.

"For the next phase, it is critically important to keep the overall capacity from growing, while at the same time to optimize the capacity layout in the industry and increase product quality to achieve high-quality development in the sector," he said.

"Flying cars will effectively tackle traffic woes and will definitely have a huge impact on society, the economy, safety and the environment," said Zhang Yangjun, with Tsinghua University.

"Furthermore, the speed of the trains increased to 140 kilometers per hour, which seemed unimaginable in the past. Thanks to the excellent sealing of the doors and air conditioning system, passengers could enjoy a warm trip even on the coldest days."

"Furthermore, in the future, to see whether we achieve success or not, we should check out if we are attractive enough to bring in talent and capital," Xiao added.