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Chen said he hopes the chamber will take an active role in such areas as green development, intelligent technologies and innovation in Xiongan, an official news release from the new area said.

Chen Yan, mayor of Guiyang, said the expo is an important platform for Guiyang to open up its economy and promote high-quality development.

Chen Hao, associate communications professor at Guangzhou University, said that over the short term, all offline promotional events and new product-release conferences have been canceled, and the impact may last until June, when consumption could see an overall recovery in China with the expected control of the epidemic by that time.

Cheng believes a positive cycle will take shape among unicorn companies, the capital market, and the new economy, which will contribute to a more sustainable economy.

Chen has become a self-appointed watchdog of zoos. From August to December last year, he visited 56 institutions in 41 Chinese cities to record the living conditions of the animals.