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"China's role here is preponderant in photovoltaics. They really are the ones who set the pace in technology, the price of the panels and providing the panels," Persello said.

"China wants to be the leader, not the follower in the generation of 5G," said Richard Yu, the CEO of Huawei's consumer products division, who made the speech. "We were late in the 3G development, but we caught up with others in 4G and will be the global leader of the ICT (information and communications technology) industry in the era of 5G."

"China's demand for imported medical and healthcare products has remained steady in recent years with a tendency toward growth," said Wang Maochun, vice-president of the chamber. "The decline in import value was mainly due to the price drop rather than a volume decrease."

"China's success in containing the coronavirus and reviving economic activity has been notable," said R. N. Bhaskar, consulting editor of Asia Converge and guest faculty at several institutes in India and overseas, noting that a recent official report on manufacturing showed the Chinese economy is recovering better than expected.

"China's continuously improving business environment, growing innovation ecosystem, and its stable policy environment gives us confidence in the future of the market," said Christine Zhou, senior vice-president and president for the China region for Novo Nordisk.