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As at the end of last year, China had 2,342 mid-end hotels, up nearly 34 percent year-on-year. The number of budget hotels reached 21,808, up 10.5 percent from the previous year, according to the China Hospitality Association.

As a result, one of the brand's best-selling lotions saw sales of 300,000 bottles in just six months after launching on China's e-commerce platform Tmall, and upwards of 70,000 bottles on the day of June 18, China's mid-year shopping spree.

As cases reach 1 million in worst-hit Asian nation, pacesetter US sees record rise

As a result, the commercial and trade business sectors of Greenland Holdings Corporation Ltd, the parent company of the trading hub, soared 91 percent year-on-year to top 6.7 billion yuan in 2019.

As for businesses which used to be hit by the prevalence of internet technologies, positive changes are also showing up to inject new vitality. Brick-and-mortar stores, for instance, are starting to benefit from e-commerce behemoth Alibaba and JD.com Inc's efforts to develop the so-called new retail experience.