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The company is among earlier adopters of the digital wave in China, whose endeavors are best exemplified by the recent setup of a dedicated office with Chinese internet giant Alibaba in Hangzhou. The aim is to customize products based on the predilections of self-expressive Chinese consumer groups using data analysis.

The company said that China's enterprises need to further develop communications and cooperation with foreign companies, especially those in the high-end shipbuilding and upstream sectors.

The company will focus on expanding layout in first-tier and new first-tier cities, improving business coverage in core districts and lifting overall business volume in the second half of 2018, Wang said. "MyDreamPlus has seen rapid growth in the first half of 2018," he said. "We received a contract area of 150,000 square meters in May 2018, equal to three times the company's total operating area before 2018."

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The competition invited Chinese language experts worldwide to serve as judges, including Arnaud Arscangul, a sinologist and associate professor of Chinese language at INALCO, a language institute in Paris.

The company reported 7.8 million in total revenue in the last quarter of 2017, a 62 percent growth. Net income in the same period was .5 million, a 44 percent increase year-on-year, according to the statement.

The company, with its courier business volume up 43 percent from a year ago, attributed the expansion to the lasting boom of the e-commerce sector as well as the improvement of its courier services, according to Shanghai Securities News.

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The company said the deals show its willingness to?cooperate deeper with partners on the global industrial value chain, which?is good for the healthy development of both Chinese and the international steel industry.

The company's plan is to supply 1,500 metric tons a year to its directly operated stores. Among them, Wumart, China Resources and RT-Mart had quotas of 600 tons in total in June. In September, e-commerce players including Tmall and Suning received 400 tons.

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The company last year faced public backlash over human review of voice recordings from Alexa devices. It responded with a privacy setting that?let users opt-out of human review — following similar announcements from Apple and Google — and sought to offer assurances about how those recordings were used. The tech giant considered a more extreme measure that would have opted users out of the practice by default, but decided against it.

The company plans to sell about 31,000 tons of product in 2019.