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Meanwhile, two-way investment between China and South Korea had risen from .08 billion in 2016 to .4 billion in 2018, an increase of 38.2 percent. Since the outbreak, however, they have introduced strict border controls, which has affected production and operations, as well as mutual investments.

Mei said it is necessary for China to take measures to better control risks, and it needs to continue to foster an open, transparent and fair business environment.

Meng, 65, was elected Interpol president, based in Lyon, France in 2016, becoming the first Chinese person to take the post.

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Miao said cars are transforming from tools of transportation into large, mobile smart terminals worldwide, and the emergence of Chinese internet and telecom giants including Tencent Holdings Ltd and Huawei Technologies Co Ltd can support automakers to take the lead not only in new energy vehicles but also smart, connected cars.

Melting snow materials have been added to the asphalt at the uppermost layer, which will help melt snow automatically during winter, according to the China Communications Construction Co Ltd.

Michael Cusumano: “There’s probably nothing you do during the day that doesn’t bring you into contact with one of these platforms. And in many ways they have this great influence on the services we use, whether it’s an Uber car to get somewhere; or an Airbnb room where we stay; or buying something using your smartphone. Platforms are everywhere, and they’re part of the everyday fabric of life. And that’s why we need to think about them because some of them have become so powerful that they create room for abuse, and they need to be regulated. And we also need to understand, as consumers, what we’re using and buying.”

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Meanwhile, the newspaper found that some newly established companies and associated enterprises are participating in the lottery system to buy houses.

Meanwhile, traditional retailers, arguably those slow to initially react to the rise of e-commerce, are also fighting back. Filson, Eddie Bauer, and Nordstrom, all Seattle-based, are investing in differentiation, but each in their own way.

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Mechanical and electrical products were the largest export item in Shanghai last year, with the total value increasing 5.1 percent from 2017, reaching 2.11 trillion yuan and accounting for 56.9 percent of total exports.

Merchants also stand to benefit from the expanded business scope and the resulting income boom, due to Chinese internet technologies and services. To date, the number of sellers from SCO member states stood at 80 million on alibaba.com, the company's international business-to-business site. The figure reflects eightfold growth per year for three consecutive years, it said.