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"Fitness is an incremental market. The first step is workout, the second is healthcare," Wang Ning, chief executive of Beijing Calories Technology Co Ltd, which created Keep said. "We have launched products for yoga, sport supplements, clothing and workout equipment of our own brand."

"For micro-startups like us, we lack everything in hardware and software facilities when operating a business, such as working space, employees and human resources support," Shen said. "The incubation park offers us a variety of services to nurture the company's growth." About two years ago, he rented one room as an office for three employees.

"For supply-side shocks, recovery to the pre-outbreak level might take longer," Wang from Credit Suisse said.

"Having its own mobile payment tool can boost cash flow, make the best use of its data and help it develop its own ecosystem. Finance, after all, is the foundation of all businesses," Li said.

"Following Prime Minister Theresa May's successful trip earlier this year, a key part of my visit will be promoting London's role as the natural Western hub of the Belt and Road Initiative, for which firms in the City have much to offer," Bowman said.