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"Enterprises adopted a wait-and-see approach to weather heightened uncertainty, dampening the expansion in business activities," Liu said, citing that small businesses scaled down activities the most as they are more flexible in decision-making and more vulnerable to negative shocks.

"Driven by the digital industry and digitalization, knowledge towards it and information will become the new production tool," he said, adding that educational institutions and research and development institutions need to work together and catch up on talent cultivation.

"Everyone who visits the show is so amazed by the unusual and unprecedented drama that is presented. This is something they have never seen before," he said.

"Despite the small possibility of substantial conflicts (breaking out), we should continue to follow the impact on the sector as the situation changes."

"Express e-commerce is a booming industry in China. We will soon be dealing with 100 million parcels a day," Li said.