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"For example, Nyemo county in the Tibet autonomous region now has 10 workshops producing goods based on intangible cultural heritage, offering jobs to 152 households there," he said. "Around 560 residents have benefited from these workshops and workers there have salaries of around 3,000 yuan a month."

"Group-buying" offers a product at a considerably reduced price on the condition that a minimum number of customers buy the product.

"Greater emphasis on social finance and sustainable development will likely be one of the lasting outcomes of the coronavirus crisis," said Matthew Kuchtyak, an analyst with Moody's Investors Service.

"Growth of shadow banking assets will remain constrained in 2018 due to tight regulations. These include banks' off-balance sheet wealth management products and asset management products originated by non-bank financial institutions, which were the fastest-growing shadow banking products in 2015. Trust loans and entrusted loans, the remaining growth driver in 2017, are also under regulators' spotlight," said global credit ratings agency Moody's in its Quarterly China Shadow Banking Monitor report issued in May.

"Global cooperation in infrastructure, logistics and production capacity is the biggest highlight of the initiative," said Fang Qiuchen, president of the China International Contractors Association, which assists Chinese companies with construction business abroad.