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By collaborating with China Railway Corp, the volume of containers from rail and river sources at Chinese ports soared 34.8 percent year-on-year to 1.75 million TEUs (20-foot equivalent unit) in the first five months this year. The new transportation solution is expected to result in savings of up to 13 billion yuan year, added Yi.

But the country still needs to grasp the coming opportunities, meet the needs of consumers and sustain innovation.

But the timing for the routine-turned-crisis is carrying conspicuously more weight. So the question becomes: Why now?

But when CEO Jeff Bezos toured the mock store, he noted several bottlenecks that defeated the intention to eliminate lines. The teams tinkered with the idea, got rid of meat and seafood counters that were creating holdups and shrunk the footprint down to the smaller stores we see today.

But the overall average selling price of smartwatches is expected to slowly decline from 2 in 2018 to 0 in 2022, as competitors roll out more affordable products and bigger volumes, resulting in reductions in manufacturing and component costs, Antin added.