To establish themselves as direct exporters, companies must determine which countries they want to enter, assess whether their products will sell in those new markets, and adapt their products and packaging to accommodate local customers' needs, according to Gomez.
To extend China's industrial chain layout, Gu suggested that China could cooperate with northeast Asia and southeast Asia to form regional industrial integration.
To combat the winds of fate, the upcoming policy to establish an agricultural insurance system in piloting regions will soon help farmers to tackle the uncertainty.
To drive up urbanization, Henan reformed the household registration system and published preferential policies in education, social and medical insurances for migrant workers living in the cities.
To better secure the employment of graduates, government at all levels issued policies to reduce discriminatory practices these new graduates may encounter when hunting for a job.
To better evaluate credit risk, JD Finance applies face recognition technology, biological techniques, graph calculations and other AI technologies. This allows the company to build more than 30,000 risk control variables, 300 million user credit evaluations, 500 models and 5,000 risk strategies.
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To form formidable carrier battle groups, Chinese shipbuilders are busy making Type 055 guided-missile destroyers, widely believed to be the mightiest of its kind in the world.
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To add to the appeal of international offerings, the company is setting up livestream studios in bonded warehouses and regional industrial parks to boost shopping excitement. This is built on an existing practice where hosts share their experience on imported products with viewers in a bonded warehouse in Hangzhou.
To be sure, Pinduoduo's user base remains much smaller than market leader Alibaba's, and its rise has not been without challenges.