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"Chinese air cargo enterprises are still in an inferior position in terms of their international business when compared with other industrial giants, both in terms of network and distribution centers," said Lin Zhijie, an aviation industry analyst and columnist at carnoc.com, one of China's biggest civil aviation websites.

"Considering the structural price rise, it is unlikely to see China heading for stagflation in 2020," Cheng said.

"Continuous reform and opening-up made us what we are today and will continue to shape our future," Zhao added.

"China will further digitize the registration and licensing of new companies, and gradually make the process paperless and fully intelligent. By the end of the year, the government will also optimize the process and issue a guide for enterprises to withdraw from the market more easily," Zhang said.

"Chinese education is experiencing a huge change from offline to online," said Jiang Kai, managing director of Coatue China.