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"China is a world unto itself and there is a lot of room to grow," said Yaksic.

"China is consuming north of 1,000 tons of gold (annually) and the consumption is at a steady pace. It reflects the steady growth of GDP in China," said Chairman of the World Gold Council David Harquail. "As long as the wealth of China keeps expanding, gold will get its share of the growth in the future."

"By sponsoring the FIFA World Cup, Vivo can boost its branding influence, which will lay down a sound base for it to negotiate with local retailers."

"China is the first country to control the pandemic. It suffered economic losses in Q1 because it preferred the lives of its people over the economy by imposing strict lockdowns. The lockdowns paid off and China not only succeeded to control the disease but also managed to stop the second wave even after restoration of normal life and business activities in the country."

"China is also working on five other international standards in the sector, and is the convener of two working groups on UAS in the International Organization for Standardization," said Shu.