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"For instance, the Foreign Investment Law and the regulation on improving the business environment, which took effect this year, will further simplify compliance and alleviate the challenges faced by the companies," Lee said. "To cushion the novel coronavirus effect, the Chinese government has come out with preferential policies to support the development of hard-hit companies, including foreign firms operating in China."

"From market structure reforms to the introduction of this new listing venue — the progress demonstrates the growing ambition of the emerging technology companies and exciting opportunities for the investment community," he wrote.

"Hainan needs internationally popular tourism and entertainment offerings to provide visitors more options, to become an international tourism and consumer hub, and to enrich the Hainan free trade zone and port," Hainan Daily, a local paper, quoted a provincial cultural and sports affairs department official as saying recently.

"Growing, collecting and processing products in the forest have grown into promising industries," he said.

"For the traditional supermarkets, inventory turnover rate is more than 30 days. For us, it is shortened to fewer than four days－guaranteeing freshness of all products sold in the store," Wang said.