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"China is opening up its lucrative pharmaceutical market to the outside world with a determination never seen before," said Liu Guoen, an economist and healthcare reform specialist with the National School of Development, Peking University.

"By early 2021, countries representing more than 65 percent of global carbon dioxide emissions and more than 70 percent of the world economy are very likely to have made ambitious commitments to carbon neutrality," he said.

"By the end of last year, China's total length of optical cables reached over 43.5 million kilometers, and the number of users of 4G networks hit 1.17 billion. We have made breakthroughs in research of 5G technology, and sped up the deployment of IPv6 network. Meantime the initial global service of BeiDou 3 satellite system is in place. It is now available to many regions including the countries along the Belt and Road route," Yang says.

"Cash-constrained airlines will postpone their scheduled aircraft replacements. It is expected to be a long and slow recovery period after travel restrictions are lifted. As most aircraft are grounded, demand for flight hour and flight cycle-related maintenance has also disappeared," said Manfred Hader, senior partner of Roland Berger in Germany.

"China has been exploring the relationship between government and market by carrying out a series of pilot reforms," Xu said.