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"China is betting big on the industrial IoT to increase productivity and drive efficiencies by streamlining and automating manufacturing processes via internet connectivity. Backed by positive government support, China is set to become the world's leader," said Alex Sinclair, chief technology officer of the Global System for Mobile Communications Association.

"China is indisputably important for Brazil. Being its largest trading partner and given the increasing focus on growth based on domestic consumption, China's imports will be an important vector of Brazilian growth," said the trade expert.

"COVID-19 is a big threat to humanity and we all need to contribute to the joint fight in one way or another," he said.

"China is in the international spotlight," said Yan Mei, Brunswick Group's senior partner in China. "Despite current geopolitical and commercial tensions, Chinese companies are still looking overseas to grow their markets."

"China is absolutely essential to Ford's profitability and growth," said Jim Farley, Ford's executive vice-president and president of global markets.