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"China's quick victory" over the COVID-19 pandemic "put the Chinese economy in a better situation than the rest of the world," said William Jones, Washington bureau chief of the US publication Executive Intelligence Review, adding that by maintaining its productive capability, China will not only benefit its own economy once the pent-up demand is released post-pandemic, but also provide "a lifeline" for countries that have "maintained the production lines in China."

"China's proposal to explore third-party market cooperation can generate rich financial returns for both developed and developing countries involved in the BRI, without causing a clash of interests," he said.

"Consumer goods account for only 15 percent of China's total trade volume, but in developed countries it's 30 to 40 percent," he said.

"Cultivating science and technology talents is an urgent need. As a corporate citizen with a strong sense of social responsibility, IBM always sees education as the most important area. Therefore, we launched the program," he said.

"Cross-border financial services are crucial to outbound Chinese companies and overseas companies tapping into China," said Lam Chi Man, CEO of BEA China. "CIIE will be the best chance for overseas banks and financial institutions to showcase their latest achievements in this regard."