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"China is too big to ignore," Hogne I. Tyssoy, portfolio manager of the Holberg Triton fund, said in an interview in Oslo. "Now when it's opening again, Norwegian seafood has an exciting future in China."

"China has invested heavily in Africa and therefore it is in its interest to promote peace and security that is key to improve the business environment."

"China is the leader in delivering products, services and applications that drive the internet of things. Cypress is leading in delivering intelligent, secure and connected solutions. Together, we can imagine and build the future we all want to see," he said.He made the remarks on Wednesday at a ceremony held in Beijing to celebrate the company's 20th anniversary in the Chinese market."Seeing China's rapid development during the past 20 years, we are now actively embracing IoT, smart connected vehicles and other emerging technologies,"El-Khoury said.With its new Made for China & Enable China strategy, the company will further increase spending on hiring talent and research and development, with the aim of meeting local clients' demand for localized, high-quality services.With more than 300 local employees, the Nasdaq-listed company has established branches in Beijing, Shanghai, Shenzhen in Guangdong province, Chengdu in Sichuan province and Hong Kong. The company has partnered with dozens of local companies, including Alibaba, Huawei and Xiaomi.

"CPI is expected to be on an upward trajectory over the whole year. It may peak at around 2.9 percent in September and October, and fall seasonally in November and December," Yang Xiao, a researcher from Kunming, Yunnan province-based Pacific Securities wrote on Tuesday.

"By analyzing customers based on their movement among segments over time, we can achieve dynamic micro-segmentation, and predict future behavior in a very accurate fashion," he said.