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As emerging technologies such as mobile internet, artificial intelligence and additive manufacturing continue to be put into use, as well as the technological and innovative capabilities of emerging economies, the cost of participating in global value chains, especially for small and medium-sized companies, is rapidly declining. Against this background, the vertical specialization led by traditional large multinational corporations has not fully adapted to the new requirements of global economic cooperation. The new global value chains represented by collaborative innovation and, platform-based collaboration, and division of labor are rapidly developing. They will become an important supplement to the traditional value chains.

As a result, Tsinghua Holdings has commercialized more than 40 key national research achievements and made technological breakthroughs in more than 60 projects.

As a result, the number of IPOs from Chinese firms in the US may decrease in the near future, while Chinese firms already listed in the US may turn to domestic bourses for relisting and higher valuation, said Tan.

As central banks worldwide brace for a blitz of monetary easing measures to calm pandemic fears, China has taken things in strides with eyes on the long-term, renewing commitment to lowering loan interest rates through loan prime rate reform and installing the registration-based IPO system at ChiNext, a board of growth enterprises.

As fallout from the virus outbreak results in project delays, property buyers may find new opportunities as sellers with a preference for completing transactions sooner than later, consider more competitive prices.