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As the online sales sector has played a prominent role in driving social consumption in China, the country will launch an online shopping festival to boost consumption from April 28 to May 10, said Cai Yudong, deputy director-general of the department of electronic commerce and informatization under the Ministry of Commerce.

As the frenzied crowd grabbed the masses' attention, questions have been raised about KAWS, Uniqlo, their collection, scalpers and fast fashion retailers' business strategies in China.

As she walked the street one day, upset and with a heart full of worry, Li kicked a beverage bottle. Looking at the bottle, the idea came to her that she could collect and sell garbage to earn money for her family.

As the epidemic in China is expected to be brought under control gradually, domestic listed firms may start mask exports around the middle of the year, said Liu from the CUFE.

As the UAE attaches high importance to technological development, a string of Chinese companies have partnered with local government agencies and enterprises for cooperation. Chinese ride-hailing platform Didi Chuxing has inked a cooperation agreement with Abu Dhabi Capital Group.