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Anta Sports Products Limited, a leading sportswear company based in Xiamen of Fujian province, has seen its half-year revenue less affected by the impact of COVID-19, boosted mainly by the growth of its fashion sports brand Fila.

Anta Sports' rise came after a series of mergers and acquisitions of leading international sports brands. A consortium led by Anta Sports completed the purchase of Finnish sporting goods company Amer Sports on April 11, making Anta the world's third-largest sportswear maker by market value after Adidas and Nike.

Apart from calling for concerted efforts to reform the WTO and stabilize global trade, Kawai underlined the importance of strengthening international cooperation in the areas of vaccine and antiviral drug development, assistance to low-income and lower-income countries, and policy support for personal incomes and small business.

Ap - Afp

Annette Nijs, economist, China watcher and the founder of The China Agenda, a provider of information on China, said ToJoy is a unique and innovative business model for scaling up entrepreneurial businesses.