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"Corporations have to pay tax and avoid illicit financial outflows. Governments have to close tax loopholes which rob the poor of the money required for healthcare, education and development," she said, noting that Africa loses over billion per year in illicit financial outflows.

"Clearly we are tackling challenges and ramping up our business," Goller said. "Unprecedented crises like this require decisive actions and leadership, and this is precisely what China has demonstrated over the past weeks and months."

"Chinese people have pursued the dream of xiaokang since ancient times," Shanghai Party Institute of the Communist Party of China professor Wang Gonglong says.

"Chinese consumers' perception of beauty has upgraded. We find that users' aesthetics are becoming more diversified and personalized. We also see that technology is playing an increasingly important role in helping users. AI can now help thousands of users with personalization, automatically presenting their favorite effects and giving them accurate recommendations for cosmetics and skincare products. We think that this will be very important in the next decade."

"Companies' future output expectations remained strong, reflecting a positive outlook for the manufacturing sector for the year ahead," Wang said.