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"For the government, it should not let the subsidy cut limit the development of the photovoltaic industry, as industry development is beneficial to low carbonization and improving the energy structure. It should support both distributed and centralized photovoltaic power stations, remove the subsidy gradually, ensure grid parity, and promote the conversion of power generation capacity."

"Foxconn may encounter some difficulties in the chip design field, and the easiest method is to acquire some semiconductor companies," said James Yan, research director at Counterpoint Technology Market Research, adding that the company's bargaining power will obviously increase if it successfully enters the semiconductor design and manufacturing sector.

"For sure nearly all the increase is people with coronavirus. But not all are being counted that way," he tweeted.

"Gaming companies once again claimed the top rankings as they have in previous years. Increasingly, we see non-game companies finding significant success on mobile. Nongaming apps accounted for 26 percent of consumer spend in 2018, up from 18 percent in 2016, and are forecast to continue growing."

"Firms in the private sector and small and medium-sized enterprises saw growing vitality," said the official.