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Apart from offering various opportunities to both sides, cooperation between the two economies is of particular significance amid growing trade tensions in the global economy, Bai added.

Another former Amazon engineer, Rahul Singh, previously CEO of developer tools startup Distelli, joined Compass last year as vice president of engineering.

Antonio, a native of Puglia, a region in southern Italy, has worked as a journalist for almost 20 years, starting from Milan and New York. After that, he was ANSA's Tokyo bureau chief for around eight years. In January 2016, he took over as the Beijing head. He said his assignment in Beijing was a kind of destiny that brought him to the great country.

Ant Financial Services Group, Alibaba's financial arm, acquired a controlling 51 percent stake in Cathay Century Insurance Co Ltd in 2016.

Another popular new year snack deep-fried in the vat of oil was the vegetable crisps-made from thinly sliced arrowhead, sweet potatoes, potatoes and often, little nests of shredded taro.