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Chen warned that the global economy is threatened by risks including high debt levels, high government leverage ratios, the possibility of ruptured global supply and industrial chains and a rising unemployment rate.

Chen added that Zhejiang and Guangdong provinces are on the front lines in terms of feeling the impact of the global pandemic as they rely heavily on exports.

Chen Geng, chairman of Fuzhou-based Fashion-Flying Group, a large-scale outdoor garment manufacturer, said his company will partner with more cross-border e-commerce service providers and domestic e-commerce platforms, such as Tmall, to further diversify its sales channels in both the global and domestic markets. The value of its foreign orders dropped 20 percent on a yearly basis to million in the first half of this year, due to several clients canceling their shipments in the second quarter of this year.

Cheng Xu, deputy general manager of the company, said he hoped such pop-up shops would dispel the stereotypes that people hold of traditional handcrafted brands.

Chhair Sokty, deputy director of the Cambodia People's Party international relations section, said multilateral cooperation should be strengthened and measures taken to diminish friction.