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"Continuing the move toward a more market-based and transparent monetary policy framework is a key element in ensuring an orderly transition to an effective float, which may also require use of foreign exchange reserves to smooth excessive volatility," suggested the IMF, proving that China's foreign exchange reserves are sufficient.

"Consumers feel they get useful information on certain products and tend to use interactive online posters."

"Currency needs to find the right level, I don't worry about Chinese renminbi depreciation," said the EBRD president, who shared an optimistic outlook on the world's second-largest economy.

"Compared with US SMEs, Chinese ones have a more flexible demand. Therefore, they require IT service providers that can offer solutions adaptable to changes at any time," Dong said.

"Companies can just deploy their business on AWS and tap the local market. We are actually facilitating the business operations of companies while they are seeking business opportunities abroad."