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"Each show of 2020 is very special. I'm so grateful to all the fans who asked for this and I'm so glad we were able to make it happen," said Hao, the 41-year-old singer-songwriter, who is known for his folk music and lyrics, combining Beijing dialect and local humor.

"Data show that about 80 to 90 percent of rural startups may be on the verge of failure at one time or another. With the contraction of the market, an overflow of returnees from urban areas may crowd the arena," he said during an interview with Time Finance, an online financial news portal.

"Even if some companies wanted to move out of China, investment plans have been significantly scaled back because of the pandemic," he said.

"Despite the majority of manufacturers having resumed production across China, it will not work if businesses overseas are closed. All countries should come together and contain the virus as soon as possible before it causes more damage to the global industrial and supply chains," said Cai Jin, vice-president of Beijing-based China Federation of Logistics and Purchasing.

"Despite rising external uncertainty, Chinese businesses are expected to maintain their edge in fintech applications given flourishing new technologies, changing consumer behavior and a series of government incentives," Chan said.