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Andrey Kononuchenko, an engineer in the enterprise business section of the company, comes from a small town located 250 kilometers away from the capital, Minsk. He has been working for Huawei for more than six years.

Analysts attributed the lukewarm prices to the supply-demand equilibrium in the market.

Analysts said the company's efforts are in accordance with the growing demand for oil and gas in the country and the company's adjustment to the stringent environmental regulations. "The exploration of shale oil will help ease the high dependence on foreign oil and gas imports," said Li Li, research director at energy consulting company ICIS.

And, President Xi announced that China will strengthen intellectual property rights protection in his April speech to the second Belt and Road Forum for International Cooperation.

Analysts believe a recovery in global demand and the upcoming BRICS summit will inject a boost to trade growth for the rest of the year.