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Companies in China affected by the COVID-19 outbreak are resorting to legal measures and commercial negotiations supported with force majeure certificates to allow for delays or nonperformance of international contract obligations and repair credit.

Competition in the Chinese asset management industry will be intensified by the entry of the foreign firms in the long run, said independent economist Song Qinghui. But on the other hand, domestic companies will improve their services and product quality to face the competition, which is conducive to the sustained development of the entire industry, Song said.

Company founder Zhang Lei, who graduated from Beihang University with a major in flight vehicle design and engineering, said the most cost-efficient delivery is "nature's path"－the air.

Compared with traditional department stores and malls, outlets boast certain advantages, according to industry analysts. Many Chinese consumers are willing to take their children to the suburbs to shop on weekends to get away from the crowds.

Co-hosted by China's Ministry of Culture and Tourism and the Shanghai government, the expo has attracted over 350 companies from home and abroad.