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"China's public market definitely wants these innovative companies to be listed domestically rather than going overseas for IPOs."

"Currently, we sell about 450,000 smartphones in China every day," Ren said during an interview in late March. "Starting from April, monthly sales are expected to reach 20 million units."

"China's adaptations to its welfare system have been researched across the world for over 40 years, its plans have been tested and developed and now its implementation is constantly assessed and alterations are made," Perry said. "China will have the best systems of development and government because its testing is constant and open-minded."

"Competition is definitely fierce," said Zhao Huanyan, chief analyst at Shenzhen-based hospitality consultancy Huamei. "For platforms like Fliggy, scaling by gathering more hotel resources is a prerequisite before technology can make a difference and generate profits."

"Considering total global production capacity, there is a gap between mask supply and demand. In addition to speeding up production and increasing market supply, we also need to improve efficiency of the use of masks and reduce waste," Ou added.