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Besides, as Chinese outbound FDI shifts toward technology-intensive areas such as aviation and artificial intelligence, "acquiring specialized industry knowledge will be a crucial advantage for these PE/VC investors, particularly in the fast-evolving tech sector," said the report.

Belle hit its peak with a market cap worth HK0 billion in 2013. Between 2005 and 2007, Belle rapidly expanded its distribution channel, opening up 1,419 new stores within 15 months from 2005.

Biden said Warren's healthcare plan "is going to cost at least trillion over 10 years".

Best of all, given the nature of the contagion, the online event preempted the spread of the virus among expo participants and stoked new business orders against the backdrop of a seemingly impossible situation.

Beside the expanding network, efforts have been made to lift efficiency while lowering costs. Yan said travel time had been shortened to less than two weeks from more than 20 days for many journeys, and transport costs have been cut 40 percent.