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"Considering the increasing number of infrastructure projects and the rebound in real estate investment, sales of excavators are set to rise by 40 percent to 50 percent on a yearly basis in July," Kong said in a recent CICC report. "We believe the construction machinery sector will witness steady growth in the next two years."

"Confronting the growing trend toward unilateralism and protectionism, developing third-party markets will not only conform to mutual interests but also benefit the global economy," said Li Yong, vice-chair of the expert committee at the China Association of International Trade.

"Cultural inheritance was my main focus at first," said Liu as a woman beside her embroidered a frog, which symbolizes fertility and blessings. "Now, I also support the mission to lead more sisters to get rid of poverty."

"Combining the companies that started it all will mean that two trail-blazing startups have become a clear global leader," Grubhub CEO Matt Maloney said in a statement.

"Ctrip launched its offline development strategy in 2017, and so far our offline business is well-received just as our online services," said Peng Liang, analyst at Ctrip's vacation business unit.