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Another interesting company to watch on this front will be Amazon.com, which reports its quarterly earnings and employment figures next week. The company has been on a growth tear, expanding by 4,200 people (12 percent) in the first quarter alone, and growing its employment base by a whopping 45 percent over the course of the previous year.

Anxiety about school selection has also led parents to enroll their children in intensive after-school private training sessions to ensure successful interviews. Anxiety has prevailed and complaints of children being overburdened have run rampant.

Ant Financial topped the list, followed by JD Finance, while Du Xiaoman Financial ranked No 4 and Lufax, an online financial asset trading company that uses big data to analyze risk, came in at No 10. The companies' user numbers are growing at a staggering rate, as are their product offerings.

Apart from science, Shenzhen's enterprises have also played an active role in the process. Electric car maker BYD quickly shifted to the production of masks as the coronavirus spread like wildfire. The company managed to produce 5 million masks a day within a 24-day span, making it one of the world's largest suppliers.

Another solution to promote innovative leadership is to hire executives who show the potential in creating or encouraging innovation.