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Around 800 delegates from 258 media outlets took part in the event, offering insights on the sector's development trends and innovative and revolutionary collaborations on content, technology and international communications.

As China's financial hub, Shanghai has maintained its standing as a favored destination for investors by concluding the most cross-border deals in the country, a real estate forecast report called Emerging Trends in Real Estate Asia-Pacific 2020 jointly published by the Urban Land Institute (ULI) and PwC said.

As China International Capital Corporation Limited analyzed, automobile, real estate and medicine industries will enjoy the largest scale of tax reduction; and the biggest rise in net profit as a result of tax cuts will go to coal, food and beverage, electricity industries.

As China's economy becomes more consumer-oriented, the rate of growth in oil demand in the country is expected to slow down through 2023, a recent report said.

Aref and Varrastro also diverged on whether there was enough support in place at the time.