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Different from refrigerators used to keep food, vegetables and fruits fresh, specially designed refrigerators for cosmetic products have become popular among Chinese youngsters as they pay more attention to appearance.

Dominic Pang says they're now looking things in a different light, committed to diversifying the group's income streams by engaging in various new businesses, including the provision of upscale safe deposit box services, running an online building materials procurement platform, and providing construction financing services.

Diwopu International Airport at the Urumqi State High-tech Industrial Zone in the Xinjiang Uygur autonomous region [Photo provided to chinadaily.com.cn]

Ding Shizhong, Anta's chairman and CEO, said the company has set two development goals to be realized by 2020: selling 100 million pairs of shoes and 130 million items of clothing, and expanding the number of stores it operates to 11,000.

Didi Chuxing is a Chinese ride-hailing giant, which engaged in a fierce subsidy battle with Uber until 2016, and has become the world's second-most valuable startup after Uber.