Sturgeon noted that the development of China has been dramatic since reform and opening-up policies were introduced four decades ago, triggering opportunities for collaboration.
Suga, the new leader of the ruling Liberal Democratic Party, was chosen as Japan's new prime minister to succeed Shinzo Abe in an extraordinary parliamentary session Wednesday.
Strengthened requirements for capital adequacy, more compliance requirements, slower economic growth and more diversified demands from clients, such as asset management and corporate financing for cross-border businesses, would present challenges for banks, said the report.
Such strong consumption creates a peak period for marketing and sales, especially for food and beverage firms. Sales of milk, liquor, biscuits, fruit, meat, vegetables, sugar, dry fruits, melon seeds, potato chips, and soft drinks tend to peak during the holiday period.
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Sugar Lee, a 29 Shanghai-based home design magazine editor, spent about nine months decorating her home with her partner. It cost the young couple about 270,000 yuan (,189) to do up their 46-square-meter pad.
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Such major achievements mean that after experiencing tribulations and hardships since modern times, China has made a historic leap from standing-up to becoming better-off to getting stronger.
Such materials may help correct some misconceptions, he said.
Stephen S. Roach, a senior lecturer at Jackson Institute of Yale University, said those concerns were "overblown".
Still, tax levels have generated a heated debate among business leaders during the past few years.