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"China is a huge market with unparalleled potential. China's consumption will top the world this year or next year, and China's GDP will also exceed the US by the end of the next decade. However, China's real estate transaction only accounts for about 1/20 of the US, posing great growth potential."

"China has managed the aftermath of coronavirus much more efficiently than Western economies and will therefore catch up with these economies rather more quickly," he said.

"China customs will enhance the innovation side and the application of the new technology, and we aim to implement smart customs throughout the country by 2025," said Ni.

"China is further opening up its market to foreign investors by lifting entry barriers. We hope the expanded pilot program, laws and rules will further promote cross-border investment in transportation, education, healthcare, finance and professional services," said Gavin Guo, international partner of the Shanghai-based Kewei Law Firm.

"China has huge domestic demands, and has many friends and trading partners in the world, so the current disputes will have an impact on China's economy in a short term, but won't have disruptive influence," she said.