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"Consumers' purchase decision is formed in the very beginning of their purchase behavior," said Eileen Ren, vice-president of digital customer experience at JD Power China.

"China's construction machinery producers are gradually losing their low-cost labor advantage and do not yet have the best technologies to lead the industry on a global scale. Chinese companies must act quickly to retain their domestic market lead," said Zhao of the IIE.

"Compared with a currency under pressure, the bursting of an asset bubble is a more serious problem, and policymakers need to be very careful about the monetary policy, to prevent tightening too much," said Yoshiki Takeuchi, director-general of the International Bureau of Japan's Ministry of Finance.

"Chinese investment does have the potential to address Africa's infrastructure gap, but its approach has led to mounting debt and few, if any, jobs in most countries," he said before leaving for a five-nation trip that includes Chad, Djibouti, Ethiopia, Kenya and Nigeria.

"Consumers' first impression of a product comes from the packaging material, its color, texture and design. Packaging is no longer independent of the product, it has become an important part of the product itself."