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As former Morgan Stanley employee Duncan Clark writes in his book Alibaba: The House That Jack Ma Built, "SARS validated digital mobile telephony and the internet, and so came to represent the turning point when the internet emerged as a truly mass medium in China."

As crossover branding is now a hot trend for many sectors across the world, Devialet, the French acoustic engineering technology specialist known for audio products including high-end speakers, unveiled its latest product – Phantom Reactor Opéra de Paris in China to further enhance its market presence. [Photo/Devialet]

As a result, he said, “Really all of the change year-over-year is in the investments area, which we’ve been pretty transparent on.”

As a major unit of China's leading manufacturing company Taiyuan Heavy Industry Co Ltd, Taiyuan Heavy Industry Railway Transit Equipment has been stepping up efforts to develop the overseas market. Last year, Taiyuan Heavy Industry Railway Transit Equipment exported 56 percent of its products, worth over 1 billion yuan, to its overseas markets including North American countries, European countries, India, and Southeast Asian countries, according to the company.

As a traditional manufacturing center for light products, Quanzhou in Fujian province shifted part of its primary business from making and exporting shoes, garments and other textiles to making epidemic prevention and control goods that have been shipped to more than 30 countries and regions including Japan, South Korea, Iran and the United States since Spring Festival.