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As for the future of digital payments given the ongoing pandemic, Manalang said: "Now more than ever, fintech will play a big part in defining a new normal in the midst of a public health crisis."

As for John Ngetich, a school uniform seller in the northwest Kenyan town of Eldoret, Alibaba is the foundation upon which his business is anchored.

As a 20-year-old, Zou left home bound for Guangzhou, capital of Guangdong province, where he found a job at a clothing factory earning 100 yuan () a month. He was a quick learner and a hard worker, and it didn't take long before he became a manager, which came with a monthly salary of 5,000 yuan.

As far as e-mobility is concerned, according to Zetsche, Mercedes-Benz aims to have more than 10 new electric vehicles in the market by 2022 at today's press conference. "And we will of course make sure, many of these new models will be introduced to China market", Troska added.

As for business-to-customer payments, "Currently, 55 percent of China's internet users have made a mobile payment versus only 19 percent of internet users in the US," Layman said.