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"Due to the high degree of liberalization of overseas investment, the market tolerance for some non-standardized products is also high. Consumers are recommended to choose standard markets and authorized financial institutions," said Tian from Analysys.

"Digital innovation has already become an important direction for Novartis," she said. "The event has built a great cooperative platform for the company and Chinese digital startups."

"Despite their flag-bearer status in leading some of the best digital practices, the lion's share of users for Alibaba and Tencent are still in China. That means Chinese firms are temporarily ruled out of the possibility of launching a digital currency of similar global influence," said Guo Yuhang, chairman of Starwin Capital and head of the China Blockchain Application Center, a nonprofit organization.

"Despite having adjusted our business to produce more invoices for domestic companies, universities and local tax offices to mitigate the dropping order impact caused by the COVID-19 pandemic, the online Canton Fair this year could help us revive the export business," Fang said, adding that his factory with 200 staff only managed to ship five containers of notebooks, diaries and calendars to overseas markets so far this year, with exports down compared to previous years.

"Demand for travel hasn't gone－it was just suppressed, and new trends, such as smaller groups, customization, and family road trips, are picking up momentum," he said.