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Bicycle manufacturers were quick to cash in on China's booming bike-sharing industry after going through lean times.

Besides launching new production lines, the company has also accelerated digital transformation in China in the face of the surging demand for online shopping since the outbreak of the epidemic.

Besides, Allen is eyeing expansion into Canada. He recently visited his hometown Fredericton, New Brunswick, to forge cooperation agreements with local English teachers and doctoral candidates. He hoped Canadians with top-level writing and speaking abilities can meet increasing demand for English-language classes among the Chinese.

Bent upon economic recovery as the epidemic wanes, the world's second-largest economy strove to orient its policy towards green growth in the long run.

Between 2002 and 2015, Chinese drug regulators approved about 150 new drugs, but in 2017 alone 40 new drugs were approved, and he estimated another 150 new drugs would be approved between 2018 and 2020.