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Apart from the devaluation of the ruble since 2014, Ali Express' success could be a result of the company's transition of its business model from Business to Business (B2B) to Business to Customer (B2C), which simplifies the shopping process and enables goods to be delivered directly to customers, according to media analysts.

Another is that the United States and China reach an agreement in which the US no longer requests her extradition, while China also releases two Canadian citizens it is detaining.

Another helping hand comes from the foreign trade front. As China and the United States have signed their phase-one trade and economic deal, the market uncertainties as a result of their previous disputes have gradually eased. And the world economy is expected to improve this year, which will jazz up demand for Chinese products, according to estimates by major international organizations.

Apart from responding to the COVID-19 pandemic, they also stressed cooperation in the fields of emerging technologies and artificial intelligence.

Apart from many developed countries' efforts to prevent a recession, the weak goods demand across the globe and the appreciation of the renminbi will create obstacles for Chinese manufacturers in shipping their products in the second half of this year, he added.