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"For gold retailers that are already well-known to consumers in China, developing online sectors and livestreaming e-commerce is no doubt a great way to boost revenue. However, it is more challenging for small and medium-sized companies, and gold jewelry processors and manufacturers, as they usually make transactions with companies and are less known to consumers," Wang said.

"For smartphone users, it helps them kill spare time," he added.

"Founders of some Japanese companies want to sell their business to Chinese investors as their offspring are not willing to manage and they want us to help them," Ren added, sharing an example.

"For business operators, running online fitness businesses gives them less pressure in rental, utilities, equipment and human resources compared with offline gyms. Online fitness can also attract a large number of consumers through various channels like social media, livestreaming platforms and apps," he said.

"For a lot of parents here, classroom study all day long and enough homework after school are legitimate proof of a good education," said Yang Hengyu, a full-time PE teacher recruited by the school when it was founded.He has now been joined by seven more dedicated PE teachers, some of whom work part time.