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And safety and convenience have likewise spurred more consumers across the region to use digital wallets as social distancing has become the norm amid the COVID-19 outbreak.

Analysts noted that consumer spending appeared to taper off after a second round of stimulus checks failed to materialize from the federal government. The extra 0 in weekly unemployment benefits in the first stimulus package, known as CARES, also dried up.

Analysts said currently only small and medium-sized hydropower projects remain untapped in China, which leaves less room for growth.

And the company is also committed to the high-end residential market by launching more One Sino Park developments, the top-end of its product portfolio. It just introduced one such project in the capital's Haidian district, close to Xiangshan Mountain and the Summer Palace, bringing the total number of the developments up to 16 across the country.

And another surprise: Amazon introduces Echo Loop, a smart ring for 9.99. It comes with a speaker and mic as well.