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"Domestic dairy enterprises are facing stiff competition from international players. Better safety and quality are vital for domestic brands to scale up and this will boost consumer confidence and improve competitiveness globally," he said.

"Diagnoses and treatments have historically mainly been developed in the West," Barber said. "It makes sense to therefore invest in opportunities that can improve diagnosis and treatment of disease for an Asian population and I think investors see huge opportunities in this space."

"E-commerce is no longer a monolithic shopping channel, after years of blockbuster development in China," said Qi Zhe, an analyst at China International E-commerce Center.

"Digital development has brought a number of changes to our businesses. We are able to display such capabilities to our clients since the coronavirus outbreak," Tao told the Kingdee Cloud Cosmic Summit held in Shenzhen on May 15.

"Everyone hated the old tradition of extravagance, but was reluctant to reject an invitation," Xiao said. To earn their money back, residents had to take advantage of every excuse to hold banquets. Some even moved their birthday celebrations from summer to hold them during Spring Festival, when people working outside the village would return home.