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An estimated 71 million people are expected to be pushed back into extreme poverty in 2020, the first rise in global poverty since 1998. Many of these people are workers in the informal economy, whose incomes dropped by 60 percent in the first month of the crisis. Lost incomes, limited social protection and rising prices mean even those who were previously secure could find themselves at risk of poverty and hunger.

An Conghui, president of Geely Holding Group, said," As government introduces measures to stabilize and expand auto consumption, the good trend in the long term for the sector will not change…with the launch of new models and the delivery of larger orders delayed by the epidemic, we are confident in the market performance in May and the second quarter. "

An intelligent lamp post combining the functions of illumination, meteorological monitoring, environment monitoring and video surveillance was the key IoT application demonstrated by China Tower at the exhibition.

An important goal for China to conduct construction on islands and reefs in the South China Sea is to provide services to countries in the region, which is also a solemn commitment China has made to the international community, Lu said.

An industry expert, however, said that Shawo's success is hard to replicate because of its large investment, including "up to 400 million yuan from the government to protect the local ecology and environment" and the amount spent on patent protection.