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AppLovin, which claims to be a profitable unicorn-a startup with a valuation of more than billion-also disclosed that it is looking for an initial public offering of about billion next year.

Anti-hair loss shampoo, the most traditional choice for those suffering from hair loss, also showed potential growth. Industry data showed that in 2018, the market volume of anti-hair loss shampoo reached 1.13 billion yuan, up 15.3 percent on a year-on-year basis. It is estimated that the market will surpass 1.5 billion yuan by 2020, and the young generation is estimated to be the main consumption power.

Another dichotomy is the growing popularity of Chinese local brands versus their foreign peers. A poll by Bain ahead of this year's event suggested that roughly half of the respondents said they are fond of local brands, with just around 10 percent or so preferring foreign brands.

Aoxue, China’s first living artificially bred snow leopard. [Photo/Chinanews.com]

Apart from China's improved business environment dominated by the market economy, the nation's comprehensive advantages based on efficiency, labor quality, resources and digital and physical infrastructure will continue to help the nation attract investment from global companies over the long term. Backed by its institutional advantages, impressive mobilization ability and industrial system, the country's epidemic prevention and control work fully demonstrates China's strength in overcoming difficulties. This will play a key role in attracting foreign investment in the future.