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India has already become the most important overseas market for many Chinese companies, including Xiaomi, a Chinese smartphone maker.

In view of the vast production sharing network, the piecemeal trade deals could not work, because they only capture a portion of the network and actually prevent the region's full dynamics to evolve, he said.

Industry players expand production and increase investment in breeding projects

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Incredibly, that was a staggering 2,000-fold increase from 2009, and triple the spending power of Black Friday and Cyber Monday combined in the United States in 2016.

Indonesia expects to receive 3.5 million Chinese tourists from 17 million foreign tourists targeted for next year, he said.

Indian Railways later suspended all passenger train services until March 31, although freight services will continue. It was unclear what this would mean for people stranded at railway stations.

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Informed that Fujian lacked anti-epidemic materials, multinational Fuyao set up an overseas purchasing team, which promptly collected donations of medical supplies from Germany, France, the United States and Japan to fight the virus.

India's overtures have also been well received by the Chinese EV industry. Chen has urged Chinese companies to invest in the nascent Indian EV market, which is important for his group.

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Individual business owners can delay payments of individual income tax incurred in the same period until the first filing period next year, the statement said.

In the viral video, Chen performs guitar and sings the song You Are My Eyes, which was originally sung by Hsiao Huang-chi from Taiwan, who is also blind.