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"Close to 2,000 exhibitors will present about 1 million books at the book expo and over 500 cultural activities will be held," he noted.

"China's fast and effective control of the pandemic helped restore consumers' confidence, which is crucial for big-ticket items like cars," said Thomas Fang, vice-president of consulting firm Roland Berger's China office.

"China's R&D expenditure as a proportion of revenue from principal business by sector has increased continuously in the past decade. The Made in China 2025 plan will further stimulate innovation of Chinese companies," Yuan said.

"Compared with ID card and fingerprint information, facial recognition can help identify a person more accurately," Xiang said. "If such information is collected improperly or leaked, the risks will be considerable."

"China will be a broad market for our investment targets. The country's huge demand for those foreign companies' technology or products will facilitate their income while helping to boost our investment returns," said Guo.