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As many traditional companies plan to upgrade and optimize their business within the next 10 years, this will become of one the key demands of Chinese companies, the report said.

As of Tuesday morning, the disease had infected at least 5.4 million people globally and claimed the lives of more than 344,000, including nearly 100,000 US citizens, according to a Johns Hopkins University tally.

As of Wednesday, the Ministry of Industry and Information Technology has approved pilot regions for the strategy, namely 12 cities such as Ningbo in Zhejiang province and three city clusters in provinces including Jiangsu. Some of them will be designated as the country’s demonstration areas, which will get favorable policies in investment, financing and other fields.

As of Monday, 10 of China's provinces and municipalities released their local gross domestic product data for last year. East China's Jiangsu province witnessed its GDP top more than nine trillion yuan for the first time, marking its formal entry to the "nine-trillion-yuan club", chinanews.com reported.

As of Tuesday evening, Amazon said sales by small- and medium sized businesses had topped billion during the Prime Day event.