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Andrey Kravchenko

And the capital market also favored the sector. A recent report from Equal Ocean showed that in 2018, China's medical startups attracted a total investment of .7 billion, taking up 7.14 percent of global investment. The figure doubled to .5 billion in 2019, accounting for 11.61 percent of global investment.

Analysts said the new company's establishment is in accordance with China's plan to boost non-polluting power's role in the country's energy mix, as well as the coordinated development of the Beijing-Tianjin-Hebei region.

An open kitchen, where chefs demonstrate their skills making dishes such as hand-pulled noodles and dumplings, grabs diners' attention immediately as they walk into Country Kitchen in Beijing's Chaoyang district.

Analysts said they believe the upsurge of net profit and net income is a result of cost optimization and increased prices of natural gas, crude oil, refined oil and other products.