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Overall domestic consumption in China also benefited as well in November from the Singles Day online shopping event.

Overseas businesses account for 70 percent of the company's revenue, but it hopes, with soaring Chinese interest in a variety of sports, the domestic business can contribute to half of its sales.

Overseas investors traded 528.1 billion yuan worth of Chinese onshore interbank bonds last month, representing 3 percent of the total market trading volume, up from 2 percent in the first half of the year, the CFETS said.

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Over half of the companies in China's auto industry are resuming production in the country as the number of confirmed cases of the novel coronavirus each day continues to decline.

Over 76 percent of China's key foreign trade businesses have resumed at least 70 percent of their production, Ren said.

Overall, e-commerce channel growth slowed slightly to 30.6 percent between 2017 and 2018, compared with 35.1 percent annual growth between 2014 and 2018. Penetration in first-tier cities leveled off at around 80 percent last year.

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Overseas markets accounted for 10 percent of Yeelight's turnover last year. This figure will exceed the share of the domestic market in the future, Jiang said.

Over the years, tremendous changes have taken place in the region, which has long been bothered by floods, droughts, and extreme weather.

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Over the last decade, China's effective exchange rate has appreciated more than any other major currency, rising a total of more than 40 percent, said David Dollar, a senior fellow at the Brookings Institution.

Over the past few years, China has accelerated the improvement of its economic governance, legislation and the practice of rule of law in business sectors.