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As there seems to be both huge potential to unleash and mounting challenges to face, the drastic contrast between prediction and reality has sparked the curiosity of participants in a panel discussion themed "China Outbound Investment: A New Playbook?"

As the main driver of China's economic growth, consumption also picked up its growth momentum compared to the previous two months, contributing 65.1 percent to Q1 economic growth. Online retail sales and consumption in rural areas were robust. With tax cut measures to take effect in the following months, further consumption potential is to be unleashed.

As the COVID-19 epidemic comes under better control in China, consumers are reigniting demand for electronic devices like smartphones, tablets and smartwatches.

As vegetables often spoil at extremely low temperatures, Liu used rocks to build a natural "cupboard" that would keep the ingredients fresh.

Asad Jumabhoy, founder and CEO of UTU, a digital rewards platform.[Photo provided to chinadaily.com.cn]