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"Due to the government's tight regulation and the mature domestic gaming market, it is hardly to see robust growth in the gaming streaming market," Sun added. "The planned merger would help Douyu and Huya reduce cost, improve efficiency and generate more profits in the future. Considering the current situation, I also suggest that those livestreaming firms seek global expansion or consider new business such as short gaming videos."

"Don't force a smile with your lips," he told students looking for work in a recent session, one of many he said he has conducted for hundreds of people. "Smile with your eyes."

"Digitalization is a key driver and enabler of transformation for companies in the Chinese market. It has become one of our largest markets globally," said Michael Dell, founder, chairman and CEO of Dell Technologies, at the company's tech summit in China in October.

"Each line's annual output value can reach about 100 million yuan, but small factories can't afford automated facilities so they have come under great pressure. They are now more likely to look overseas because the export business hasn't been affected by automatic lines. Different importers have different requirements and the orders are usually small, which makes the use of automatic lines difficult," Liu said.

"Everyone has different tastes. I try different things to make people happy and help boost their appetites so they will have more energy," Liu said.