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"But we believe physical stores will still play an important role. Things will just become increasingly integrated.

"China has embraced a robust development of both e-commerce and related logistics, and we have quite a lot of experience to share with other countries in this regard. But to do this, we need not only to lead in the quantity of business, but more importantly, to have a well regulated and healthy market," Ouyang said.

"China is special, and not all countries can copy its path, of course. But there are a lot of things that we can learn from each other," she said.

"China has become the largest piano market in the world," said Tan Chan, board secretary of Pearl River Piano, one of the biggest Chinese piano makers in Guangdong province. "But if you compare the number of pianos per hundred households, the number is still behind Japan, Europe and the United States. There is large potential for growth in the future."

"China is so large that it has an almost self-sustaining character to it," said Jurgen von Hollen, president of Universal Robots, a company which specializes in manufacturing collaborative robots.