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"Decision-makers need to know when to launch viral marketing and when they can make real money out of their audience base," said Zhang, founder and CEO of data service company GrowingIO Corp Ltd, at an open forum held by Cheung Kong Graduate School of Business (CKGSB) on Saturday.

"Even coming to the hall to process the procedures is much easier than before," said Li Wenpeng, who made his way to the hall to file records for his cosmetics import business.

"During the peak of this craft in the mid-1980s, our company had about 130 workers and our products were exported to places like Japan. Today, we only have around 20 workers."

"Developing tourism out of resources from leading local industries is an emerging trend with rapid growth in China, but few have received market success," Ye said. "The outlook seems promising but they may face challenges in the future."

"Every time before launching an opening-up policy, the regulators will solicit opinions from foreign bank representatives. We can make suggestions and share our overseas practice freely with the regulators, who are holding an increasingly open attitude toward foreign banks. This kind of open and direct communication benefits both of us," said Zhang.