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Apart from manufacturing, Ma said the firm has just established an "intelligent retail strategy unit" providing data-based digital solutions for retail and commercial property clients.

Apart from reducing taxes, the country is putting in place many other measures to help enterprises reduce costs and enhance efficiencies, such as changing separate provincial e-taxation offices into a nationwide unified "e-taxation system" by the end of this year, said Fu Shulin, deputy head of the general office of the SAT.

Ant Financial, an affiliate of Hangzhou-based tech titan Alibaba, announced last month that its Alipay has entered local bus networks in 50 domestic cities. This service would reach 100 cities this year, including third- and fourth-tier cities.

Another automobile maker, BYD Company Limited, based in Shenzhen, is also working on initial preparation for production of masks and disinfectants.

Ant has branched out overseas aggressively in the past two years to fulfill its stated goal of serving 2 billion customers over a decade. The deal will take the total number of recipients of its technology-export model to eight economies, after agreements were reached with local players in India, the Philippines, South Korea and Indonesia.