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"During the second quarter of this year, the services sector recovered steadily, and some new businesses showcased their growth potential. Stable progress was made in the transformation and upgrade of the services industry," said Du Xishuang, director for services statistics at the National Bureau of Statistics.

"Earlier Indian weddings were like huge concerts, but now things have changed," said Maninder Sethi, founder of Wedding Asia, which organizes marriage fairs around the country.

"Especially against economic uncertainties, a strong and unique brand proposition will give companies unparalleled pricing power. This would put them in an advantageous position even amid trade disputes," Deng said.

"Electronic vehicles are stimulated by the development of self-driving technology," said Nan Zhou, director of Baidu Capital, who leads Baidu Investment Partners, with focus on its overseas investment on AI core tech and AI-related application.

"Even though the cost of air cargo service is higher than transcontinental rail and container vessel operations, we have seen surging demand for such services from domestic companies in shipping their medical supplies, manufactures and retail goods after they resumed production," said Liao Tao, general manager of China Post's goods delivery unit.