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Regarding other internet companies' moves to stop processing Hong Kong authorities' requests for user data, Zhao said with the implementation of the National Security Law, the fundamental interests and well-being of Hong Kong residents will be better protected.

Recruitment personnel in some companies have traveled to central and western areas, such as Yunnan province, to find workers, Deng said.

Rahul Colaco, president of Dutch dairy producer FrieslandCampina China, agreed. He said sales of premium dairy products will grow in China as people demand a wider range of high-quality food and beverages.

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Range of technologies used to curb outbreak

Reforms in individual income tax including raising the tax threshold and introducing additional deductions contributed to a new tax reduction of 214.3 billion yuan in the January-April period with a total of 99 million people exempt from paying individual income tax.

Quoting sources, Reuters reported Monday at least two Chinese companies, MLS Co and Foshan Electrical and Lighting Co, have been in talks with lenders to finance a potential bid for the assets in a deal potentially totaling billion.

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Reflecting on how Li built China's biggest search engine, the article writes that Baidu, which has 80 percent market share in China, is just behind Google in terms of search engine and has become the world's fourth-biggest website, whose Chinese rivals are only social media and gaming giant Tencent and China's biggest online shopping website Alibaba.

Rakuten Inc, a Japanese internet services company, recently completed a successful demonstration of delivering supplies via drone flights in a mountainous region in Japan by leveraging the drones and technology of JD Logistics, a unit of Chinese e-commerce giant JD.

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Referring to the fight against the severe acute respiratory syndrome outbreak in 2003, measures to resist the impact of the international financial crisis, support for Hong Kong's battle against the ongoing COVID pandemic and steps taken to help the city overcome unrest, solve constitutional issues and return to normal development, it said "it is the central government and 1.4 billion people from the motherland who have always been the most considerate and cared the most for Hong Kong".

Regarding the foreign securities firms' more ambitious goals in China, Richard Huang, partner at McKinsey& Co, suggested they should give full play to their abilities in managing more complicated products and structures. They should focus on comprehensive wealth management rather than attracting retail customers, he said.