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"Compared to existing test areas across the nation, the test and demonstration area in Lingang is fully covered with 4G and 5G networks, and it offers a larger area for testing and well-designed test scenarios," said Gu Changshi, chief planner for industrial development with the Shanghai New Lingang Area Development Administration.

"China's uniquely advantageous position on the global economic stage is incomparable. The country offers an enormous wealth of hard-earned experience as well as technology that can be shared and transferred among developing countries," said Rachel Duan, president and CEO of GE China.

"China's capital market should be reformed to help long-term investors obtain higher yields than short-term ones, which will help refill the market with more patient capital," Jin said, adding that both the market and the government can come into play in that respect.

"Complicated disputes and those that demand litigants to offer abundant evidence still need to be postponed during the epidemic," he said, calling for courts nationwide not to file new cases during the period, "because a new filing means litigants and their attorneys should go out to discover evidence, which is not good amid efforts to prevent and control the disease".

"China provides us with a hopeful field, not only by virtue of what we are able to achieve today, but what it promises. Not only in terms of market potential, but also in people potential for the company in the future."