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"Despite the economic impact of the novel coronavirus outbreak, we remain optimistic on business prospects as marketing demand is still going strong in China," he said, adding that future advertising will be more targeted and backed by technological tools including digital media like livestreaming and short videos. It will also focus more on returns－promoting sales, brand awareness and reputation-building campaigns.
"Despite this, the continued implementation of various favorable policies is expected to attract investments to stimulate a continuous rebound of the private equity market," he said.
"Even if there are concerns about 'dual authority', if that expression is appropriate, I can clearly say that it is impossible," he added.
"Democracy is the regime of peaceful coexistence, of acceptance and tolerance with differences. Electors choose the ruler and the opposition, whose job is to supervise the winner, according to the rules of the constitutional game," the president said in a speech published on the government's social networks.
"Dr Tom Friedman, the former director of the CDC, made a plea to the previous administration and to Congress to establish an emergency fund, one that would be somewhat analogous to the fund that FEMA (Federal Emergency Management Agency) has to respond to hurricanes and floods, and natural disasters," Schaffner said.