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As China is among the quickest to flatten the virus curve and is expected to see early signs of economic recovery, the company has pledged to help export enterprises navigate the domestic market, recruiting them as suppliers for Tmall Supermarket and Taobao Xinxuan (a private-label goods market).

As CEO of Virtual Enterprise System Solutions, a San Jose-based company, Jiang has been shifting the company's focus to providing COVID-19 solutions through analyzing big data.

As Beijing's first department store built in 1955, the Beijing Department Store has been struggling to survive, as e-commerce has reshaped the country's retail landscape. Companies sell things online at lower margins, and Chinese consumers have become used to clicking on their smartphones and having their goods delivered to their doorstep.

As China assumes the presidency of the United Nations Security Council in November, the nation’s ambassador to the UN said China will conduct “major country diplomacy with Chinese characteristics” and fulfill its duties as rotating president.

As China deepens reform and opens its market wider to the world, China-Europe cooperation will face more promising prospects.