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Yuan's team of road pavers even set a world record while doing their job, paving the 5.4-km race track in just five days.

Yuan Zheng, 50, founder and CEO of video conferencing application Zoom, also saw his wealth triple to billion by the end of May.

Yuan Jiajun, governor of Zhejiang province, said at a news conference that despite Sino-US trade disagreements, the growth rate of the province's exports in the first five months rose 8.4 percent, and that the province's two-way trade in 2018 totaled 2.85 trillion yuan (4.8 billion), of which exports comprised 2.1 trillion yuan. Zhejiang's total exports last year accounted for 12.9 percent of the national total, ranking third nationwide.

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You can watch Misener speak right now at this webcast.

Yet during the past decade the country has made tremendous progress and now has the world's longest high-speed network, covering 22,340 km.

Ymatou, a Shanghai-based cross-border e-commerce site, plans to open 1,000 offline stores in 100 cities through cooperation with various local governments within three years, in an attempt to cover 200 to 300 million emerging consumers in third-tier cities, said Zeng Bibo, founder and CEO of the company.

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Yu Chengdong, CEO of Huawei's consumer business group, delivers a speech at the launch ceremony for the Huawei Mate 20 series in China on Oct 26, 2018. [Photo provided to chinadaily.com.cn]

Yoho! is drawing up plans to list on an overseas bourse in the next few years. The maturing of the Chinese fashion market over the past few years has fueled the growth of Yoho!, according to Liang.

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Yuan said that the profile of these companies would help AIsland achieve its goal of becoming a "pioneering area that leads the national AI pack" by the end of this year.

Yiwu, a small commodities manufacturing powerhouse in East China's Zhejiang province, saw operations resume at the Yiwu International Trade Market on Tuesday, with about 10,000 trading booths open to international buyers.