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"Considering the gradual recovery curve and the recent global outbreaks in multiple countries,-which will hold back Chinese travelers' willingness to go abroad-the loss of airport retailing business during the whole epidemic period could be as high as nearly a quarter of the annual income of duty-free stores," Yu said.

"China's business environment in terms of finance, logistics, communication, shipping, and technological innovation is becoming more and more promising," said Ian Chung, chief executive for China of AECOM.

"Chinese consumers' awareness of the benefits of nutritional supplements has risen dramatically, creating a huge growth opportunity for global players, from both traditional and cross-border online platforms," said Zhang Yuxin, a professor at the School of Public Health, China Medical University, Shenyang, Liaoning province.

"China started 5G research experiments in 2016, and entered the third stage of system verification this year," Wen Ku, head of the MIIT information and communication department, said at the ongoing first Digital China Summit in Fuzhou, capital of East China's Fujian province.

"Compared with the traditional route via the Yangtze River and Shanghai, the new route is a faster way to connect China's inland western region with major ports in the south, saving about 20 days in transport time," said Han Baochang, director of the China-Singapore demonstration initiative's administration committee.