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And it’s not just Amazon and Microsoft pitching in. Facebook activated its “Safety Check” feature to allow users to notify their networks that they are safe as well as request and offer help. The feature functions as a virtual command center in some ways, with a description of the event, forecast, list of areas affected, ways that people can get involved in the relief efforts and a button to start a fundraiser.

Analysts said the anticipated domestic floats of overseas-listed tech companies and tech unicorns will require a major revamp of existing rules. Under the current IPO regime, requirements related to continuous profitability and share structure are considered very stringent.

Analysts from Huatai Securities said in a new report that the construction machinery sector will enjoy a robust period due to the growing international competitiveness and the stable growth of the Chinese manufacturing sector.

And it is big business. The total sales of tickets for concerts and festivals in China amounted to 3.2 billion yuan for 2016.

Analysts said although China suffers from a foreign exchange sales deficit, it is not worrisome. "The SAFE (ad¬ministration) data show the situation is improving, and so long as it is controllable, we should not worry about the deficit," said Dong Yuping, an economist at the Chinese Academy of Social Sciences.