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"During National Day Holiday and Spring Festival, our resort was fully booked, because we only have 68 guest rooms-although it is a relatively large hotel in the industry," said Li Chen, founder of Cute Beast Pet Resort, a high-end pet hotel of about 5,000 square meters in Beijing, which was established in 2017.

"Facing the outbreak, it was our mission to find the direction, find effective therapies and carry out measures to fight against the pandemic promptly," Wang Wei, president of the hospital, told Xinhua News Agency.

"Despite the heated talk on trade, I remain an optimist about US-Chinese relations, economic and otherwise," said Drew Bernstein, co-head of the China practice at Marcum Bernstein & Pinchuk and an auditor of Chinese IPOs in the US. "I can tell you that we are getting more inquiries about US IPOs from China right now than at any time in recent memory."

"Entrepreneurs who provide services tied to e-commerce also did well: Lai Meisong, CEO of Alibaba-backed express delivery firm ZTO, saw his fortune climb to .6 billion from .35 billion," Russell Flannery, the compiler of the China Rich List, said in his analysis. "Chinese consumers spent more on everything and spent more of it online."

"Developing policy and infrastructure which can satisfy the demand for consumption upgrades is key to improving the consumption growth system, which plays a fundamental role in economic growth," Zhao said.