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An outside view of Barclays Center on Aug 9, 2016 in Brooklyn, New York. [Photo/VCG]

Analysts from Soochow Securities wrote in a note released on Tuesday that the A-share market is ready to pick up given ongoing industrialization, favorable policies, and industrial and consumption upgrades.

And at least one such base will be established in every nine cities in the Guangdong-Hong Kong-Macao Greater Bay Area before 2025, according to the implementation plan.

And in March, Cainiao Green Alliance Charity Fund, which was jointly established by China Environmental Protection Foundation, Alibaba Foundation, Cainiao Network and co-funded by several logistics enterprises, planned an investment of a total 300 million yuan in green packaging, recycling, delivery and intelligent processing.

Analysts agreed that the new theory is raised against a background of the world's longtime pursuit of openness and globalism being challenged by political and policy uncertainties, such as the US withdrawal from the Paris climate accord and the UK decision to leave the European Union.