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The company is optimistic about the Chinese market and continues to promote local production as well as research and development, said Enno Tang, president and CEO of Continental China, last week.

The company, which began operating in Mexico in 2018, has installed plastic barriers inside vehicles, supplied drivers and delivery partners with sanitizers and other hygienic goods, and created a support fund for them.

The company will continue to bank on a network of internet celebrities to promote different merchandise to users of various nationalities. Social media personalities will become skilled at converting their influence into cash while helping to boost the revenue of merchants, Wang explained.

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The company said this morning that it has promoted 35,000 operations employees this year. (Last year, by comparison, the company said it promoted 19,000 operations workers to manager or supervisor roles.) In addition, the company said a total of 30,000 of employees have now taken part in its Career Choice retraining program, which launched in 2012.

The company hopes to serve 2 billion users globally within a decade. To achieve that goal, it provides a familiar payment option to Chinese outbound travelers and help foreign partners build technical infrastructure and solutions for local purposes.

The company's stock price climbed last week because investors believed the federal loan package would ease cash-flow concerns. But the stock has dropped over the last several days after analysts warned more airlines may cancel orders, and demand for air travel showed no signs of rebounding.

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The company plans to operate with blocked seating to limit capacity and maintain social distancing at its theaters.

The company’s new office is starting small, with just four employees. But The Climate Corp. plans to grow to about 20 workers in the next few years, hiring software engineers and others who specialize in managing “big data.”

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The company is the first overseas branch established by its parent company, YaoDun Group of China.

The company's Dongfang 13-2 gas fields project, China's largest offshore high-temperature and high-pressure gas field project with an annual gas output of more than 3 billion cubic meters, has also been operationalized in December, which is expected to meet the gas demand of 1 million people for 15 years, it said.