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Apart from the hefty funds, the government has also mobilized efforts from 76,400 private businesses in poverty alleviation, which has benefited more than 10 million people, Ou said.

Another 600 foreign-funded companies settled in Beijing's central business district in 2019, bringing the total to over 10,000, which has shown the increasing internationalization of the capital, a senior official said on Jan 4.

Apart from government departments including the police and judicial departments, the general public also contributes much to social governance. "Xicheng Dama" is an outstanding example. Wearing red vests and caps, middle-aged and elderly female volunteers in Beijing's Xicheng District act in various capacities - patrols, cleaners and parking lot attendants - to ensure a clean, safe and harmonious environment. Another example is the concept of the "Chaoyang Resident," which helps police investigate swindling activities, celebrities' involvement in drugs and other cases.

Apart from the warehouses, the logistics specialist has wasted no time placing chips on cross-border transportation. It opened an airfreight route between Hong Kong and Belgium in July, the second international route set up for e-commerce parcels after opening one between Hangzhou and Moscow earlier this year.

Another industry giant, Toyota, recorded US sales declines in December and for the year; 0.9 percent and 0.3 percent respectively.