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"Chinese brands have taken a giant and rapid leap in growth, in technology, in product design," said Alvarez.

"Chinese doctors went to many countries where they were much-needed and wanted. Through video conferences, Chinese doctors shared their experiences with their colleagues in other countries on how to fight COVID-19," he noted.

"China will further cut tax, especially to support medium and small-sized enterprises," said Cheng. "We will continue to promote property tax legislation and implementation, and reform the personal income tax system," she added.

"China's fiscal package is modest compared to global peers," said Zhu Haibin, JPMorgan chief China economist. "The important difference is the composition of the fiscal package. China's fiscal package includes a higher share of stimulus component-fiscal support for investment activity that creates new jobs."

"China's economy has reached a point where it cannot be adversely affected by trade protectionism of the certain country. China now has the largest foreign exchange reserve in the world," Cairo-based economic expert Abu Bakr al-Deeb told Xinhua.