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"Fierce market competition is expected in China, as more opportunities and government's favorable policies are within sight," Song said, adding better products with lower prices will come along and bring more benefits to consumers.

"From the very beginning, our goal has been to achieve commercialization of the technology, and the improved average output is a key determinant and will accelerate commercial production in the future," Mi said.

"For instance, the purpose of the Dunhuang trip was to bring the history of the Silk Road to life for the associates, and to tie that to the modern-day world, especially the Belt and Road Initiative," Wong said.

"Hawking's wheelchair is extremely costly and cannot be mass-produced. Not every ALS patient has access to such assistance, so we wanted to produce an affordable substitute," he said.

"Given the gradually rising, yet considerably tame outlook for inflation in 2020, we believe the Federal Reserve is likely to sit on the sidelines throughout the year with interest rates remaining steady at the current 1.5 percent to 1.75 percent," the S&P Global analysts said.