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"China has the world's largest IoT market. The AI and IoT industry have great potential in China," said Roan Kang, vice-president of Microsoft China, adding that Microsoft would provide the most comprehensive AI and IoT platform, products and solutions.

"By doing such business, more SMEs are setting up their warehouses, customer services and a complete supply chain in foreign markets. Gradually, SMEs are able to serve customers overseas, just like big firms," Lou said.

"China is not a developed country, but China has been very active in contacting those countries in suffer of natural disasters," he said.

"Certain elements might be more important in China than in Hamburg, but to be generally consistent in our global execution is the core element of a successful global luxury business."

"But this crisis is not simply about liquidity. It is primarily about solvency -- at a time when large segments of the global economy have come to a complete stop. As a result, fiscal policy has a vital role to play," he said.