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Among the country's 96 central SOEs, 89 have released their annual CSR reports for 2018, accounting for a record high of 92.71 percent, according to a report released by the State-owned Assets Supervision and Administration Commission and the Chinese Academy of Social Sciences.

Among its vast product line in various categories such as pain management, respiratory, oral care and more, Sensodyne, a toothpaste for people with sensitive teeth, is among its most quickly growing brands.

Among the five was Chen Kunyuan, 34, a veteran-turned entrepreneur in fresh vegetable delivery sector. Built from scratch, his company now boasts an annual revenue of more than 500 million yuan (about .45 million).

Among the factors driving up the costs, fuel costs will account for 25 percent of the aviation industry's operating costs, according to IATA.

Amid growing optimism that China's auto industry is improving, industry experts have urged caution and said both sales and production in the country could take a big hit if the health crisis is not curbed overseas.