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"Convenient payment services sound simple, but they can encourage immense spending growth," said Alexander Yin, chief financial officer at TGC, the parent company of ePassi, the Finnish payment terminal provider that works in partnership with Alipay.

"Crude has become a bigger problem for markets than the coronavirus," Adan Crisafulli, founder of Vital Knowledge, told CNBC. "It will be virtually impossible for (the S&P 500) to substantially bounce (back) if Brent continues to crater."

"Consumers ask for high-quality, better experiences and more targeted services, which brings opportunity for talent with multiple and professional skills," he said.

"China's venture capital firms have already invested heavily in consumer-oriented businesses over the past 10 years. It's high time they better tap into opportunities brought by the enterprise market. And the investment in robotics technologies, such as a variety of sensors, can help fuel the emergence of 'little giants'," Ren said.

"Chinese workers will finish construction on the infrastructure for the major line of China's second Sino-Russian crude oil transmission pipeline by the end of September," Hu said.