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As an economist, Anderson favors free trade. "In a bigger picture, free trade is how the economy grows. The economic gain from free trade comes from that people do what they are good at."

As an early member of ABACE, Donald Freeman Jr, chairman of the Freeman Co, said events like ABACE offer good opportunities to see products, and can educate people on what's happening in a particular industry.

As early as 2016, authorities in Beijing, Tianjin and Hebei province signed a cooperation agreement on the coordinated development of informatization, mapping out plans on 5G network construction.

As central banks worldwide brace for a blitz of monetary easing measures to calm pandemic fears, China has taken things in strides with eyes on the long-term, renewing commitment to lowering loan interest rates through loan prime rate reform and installing the registration-based IPO system at ChiNext, a board of growth enterprises.

As a frontier for technological evolution, virtual reality creates an immersive multimedia or computer-simulated environment that can be so convincing users will react the same way they would in real life. It can be used in healthcare, manufacturing, entertainment and other sectors to boost efficiency.