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"Cutting off the direct financing relationship between the fiscal department and the central bank, and preventing the monetization of fiscal deficit, are the basic principles for the bank credit and monetary system. Once this principle is abandoned, the system will collapse," said Sun.

"Developing Asia's growth momentum, supported by recovering exports, demonstrates that openness to trade remains an essential component of inclusive economic development," said Yasuyuki Sawada, ADB's chief economist.

"Dairy farmers are just coming out of a period of low prices that's based in 2015; however, prices in 2019 were at their highest since 2014. So, it seems like some of the cyclical price issues that farmers have been facing are working themselves out."

"Due to the rapid rise of China, the US always sees China as a big threat. If Hong Kong is unsettled, the city will lose its functions of contributing to the nation's development, with the trade dispute being one of the US tactics to unsettle China.

"Elderly care, child care and housekeeping services are crucial to improving people's well-being, addressing the aging of the population and boosting employment. There is huge demand in this regard. The inadequacy of child care service, in particular, has become a bottleneck issue with the implementation of the second-child policy," Li said. "Faster development of such services can serve multiple purposes, including boosting consumption, promoting a better division of labor and facilitating economic transformation."