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"Even if the old regulation were in place, it is not legally binding," he said.

"Even though it is difficult to supervise overseas cryptocurrency trading, measures can still be taken including restriction of online trading by blocking internet accounts, shutting down web servers, forbidding illegal traders from leaving the country and enhancing coordination with overseas regulators," said Yang.

"Every day I had lots of customers phoning in to ask where their parcels were and I had to go through different carriers' websites to check. E-commerce platforms didn't have the capability to collect tracking information from hundreds of carriers flying around the globe. I had to employ over 10 staff just for customs-related services and the cost of labor was high."

"Even 10 years ago, all the street lights (in China) were all LED. There were street sensors for traffic tracking and control," said Yu. "It all happens very quickly, because whenever there's a hot technology, the Chinese people will go for it."

"Eventually, it's down to the airlines to decide whether or not to utilize the new traffic rights," he said. "If there is no demand, the airlines won't operate the route, otherwise they will lose money. Profitability is really the main concern."