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Online businesses experienced both opportunities and challenges during the coronavirus pandemic, said Norma Chu, founder and chief executive officer of DayDayCook, a Hong Kong-based operator of an online cooking-recipes-sharing platform, at a webinar hosted by China Daily Asia Leadership Roundtable.

Only 58 of the 1,700 listed firms which have disclosed their financial performance reported losses.

Online distribution of wealth management products through live webcasts, mainly for investor education and product promotion, has been gaining ground with commercial banks and their wealth units tapping this channel during the novel coronavirus outbreak because the government has been encouraging more people to stay at home to avoid infections.

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Orlins noted that Trump's acceptance of Xi's invitation to visit China is also a "very good sign."

One year later, she started working in human resources and employee training at a massage company, sparking an interest in legal matters.

Only 27 percent of Taiwan CEOs projected higher global economic growth in 2019, compared with 42 percent globally.

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Other local agricultural products, including peppers, rice wine and kiwis, are also being sold through the digital platforms. Their account on Douyin has attracted more than 90,000 fans, Shi said.

Online insurance is gaining popularity in China, driven by an increasing number of young people looking to cover themselves using quick, low-cost, social media-powered apps, according to a new industry report.

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Oscar Ramos, partner and managing director of Chinaccelerator - a Shanghai-based startup accelerator - said there have been many transitions in terms of healthcare, particularly anything that's directly related to COVID-19.

Other joint venture insurers backed by banks include BoComm Life, backed by Communication Bank of China and Cigna & CMC, in which China Merchants Bank has invested.