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Analysts say the mild inflation leaves ample room for the government's macro policy maneuvers.

Analysts said the new development pattern has marked a strategic shift in China's policymaking and is expected to serve as a policy framework for the upcoming 14th Five-Year Plan (2021-25).

Analysts said that the IPO reform will help boost the role of the equities market as a main funding channel for the country's promising startups and accelerate the country's industrial upgrade and economic transformation toward an innovation and technology-driven growth model.

And without binding multilateral rules, policy contests in the context of the new industrial revolution are likely to evolve into a beggar-thy-neighbor disorderly rivalry that ultimately undermines effect of the new industrial revolution in boosting global economic recovery.

Analyst Neil Saunders, managing director of GlobalData Retail, said that "while the company is still viable, doing business has become far more challenging and these problems will only increase."