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And enterprises are adjusting their marketing strategies to target young consumers. Traditional Chinese herbal anti-hair loss shampoo brand Bawang Group launched an intellectual property (IP)-protected cartoon "Bawang elf family", which was drawn on the product package to attract young consumers. It also teamed up with gaming companies to launch crossover-brand products.

Analysts believe the government's recent adjusting toward a pro-growth stance was just policy fine-tuning and presaged no change in strategy.

An online survey on the issue has shown that the numbers of netizens respectively for and against the regulation are equally matched, according to the paper.

Angus Ng Hok-ming, chairman of the Guangdong-Hong Kong-Macao Greater Bay Area Youth Association, joined young people from different walks of life in Hong Kong to send a message to 1.4-billion Chinese people: They love the motherland and will resist intervention by external forces.

Analysts and industry insiders expect that possible mergers and restructuring between central SOEs will help reduce overlapping investments and ease overcapacity in the coal and power sectors.