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As the concept evolves from jargon to practice, China's tech giants are busy throwing their hats into the ring. First, it was Alibaba Group Holding Ltd that pitched its tent. It has clinched a flurry of stake-controlling deals, from InTime Retail to RT-Mart, or built its own retail prototypes like the Hema Fresh Market in order to take on existing physical stores.

As the COVID-19 pandemic continues to impact travel agencies, airlines and shipping companies around the globe, apart from CSCEC, many of its peers have also begun to announce progress on their overseas construction sites via online open events.

As soon as Hu Xiuping steps out of the taxi, a bag of dog food under her arm, hundreds of hungry mouths bark a chorus of greeting for the woman who saved their lives.

As such, governments on both sides of this relationship should work to reduce government regulations and barriers that inhibit both profitability and business growth, the report's executive summary concluded.

As the economy is becoming more efficient, industrial enterprises at national scale have gained a profit increase of 21.2 percent, growing 14.3 faster year on year, National Statistics Bureau confirmed on Aug. 28.