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And as Huawei customers graduate to higher end gadgets above 0, the Chinese company will have to compete head-to-head with Apple on quality and features.

And while Shouraboura?has plans to make the Hointer platform available to retailers around the nation, she is also experimenting with other fun ways to use technology inside brick-and-mortar shopping locations.

Analysts attribute jump to weighting increase of A shares in MSCI indexes

Analyzing the market's dynamics and consumer behavior both in China and in the West, the authors of the report concluded that in the future all online retailers will have to tackle almost the same set of issues, in order to keep profitable growth.

Analysts said the survey results show that the Chinese economy remains on track, although policymakers should closely monitor the adverse effect of credit contraction on small enterprises. The Caixin/Markit Services Purchasing Managers' Index (PMI) stood at 52.9 in May, unchanged from April. The composite index, which combines both manufacturing and services PMI, was 52.3 last month, also unchanged from April. A reading above 50 indicates growth.