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Apart from serving Chinese consumers, the new line of products will be sold all over Asia and exported to the other parts of the world, he said.

Apart from his dedication to work, Zhao was mostly known for being thrifty. He had worn a synthetic-fiber sweater, worth only , for more than 10 years, and the most expensive piece of furniture in his home was an outdated TV.

Another factor that could boost Amazon in the eyes of investors is its burgeoning advertising business. Amazon surprised Wall Street recently when it revealed that advertising has become a “multi-billion dollar business” for the tech giant.

Apart from his monthly salary, Yang also earns from his land transfer, as he became part of the rural cooperatives that share about 5,000 yuan dividends per year.

Ant Financial now operates Alipay, one of the world's largest mobile and online payment platform, controlling more than 50 percent of China's mobile market where QR code, or quick response code, has become dominant in the digital payment sector.