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Around 65 percent of the CFOs surveyed regard the pandemic as the biggest external challenge for their companies, while some 86 percent believe that the hope of a widely available COVID-19 vaccine by next year and the current surge in confirmed cases have the greatest impact on their companies' plans for 2021, it added.

Apple Inc's smartphone shipments in the Chinese market plummeted about 20 percent during this period, taking up 11.5 percent of the market share. Weakening demand, lengthening replacement times and iPhone's hefty price contributed to Apple's decline in China, according to IDC.

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Apple Inc has slashed the price of some its iPhone models by up to about 800 yuan (8) for its channel partners in China after the United States tech giant lowered its revenue forecast partly due to a weak performance in the country.

Around 80 works, including oil paintings, ink wash paintings and sculptures, are on display in the gallery of the Fine Arts College at Shanghai University through Dec 18.