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"Guangzhou Development District is our company's home base. When our production capacity (became) saturated, the local government helped us find a new site for additional manufacturing facilities, which greatly supported our future development," said Luo Wengui, chairman of Bluemoon.

"Given the current momentum, we expect China's GDP growth to accelerate to 8 percent in 2021 from 2.1 percent this year, benefiting from a low base. Economic activity should normalize further next year, supported by the lagging effects of policy stimulus in 2020 and an improving global outlook as COVID-19 vaccines become widely available," said Ding Shuang, chief economist for Greater China and North Asia at Standard Chartered.

"For the physical store chains, they have been unable to keep up with the growth of online retail. For the online operators, they have struggled to keep delivery infrastructure capacity up with the rapid growth in online shopping demand," he said.

"From 2014, our accumulative energy consumption per ton of steel decreased by 7 percent," Jing said.

"From 2012 to 2016, China's contracted engineering projects overseas achieved a total turnover of 0 billion, marking an annual average growth of 9 percent. China has become a major engineering contractor in the world."