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"China's strategic assessment is that COVID-19 will not change the theme of the times, which remains peace and development; it will not cut short the historical trend toward multipolarity and globalization," Wang said.

"China's current financial system mainly consisted of banks serving an economy dominated by the manufacturing sector. Looking ahead, however, the services sector, especially technological innovation enterprises, will become the driver of the Chinese economy," Hong said.

"Compared to seven years ago when the cost of starting an internet-related business was record low, such cost under the age of AI is high," said Lee Kai-fu, adding that AI research should go beyond borders.

"China's online education will enter a boom period where different firms are expected to thrive soon. In the K12 or kindergarten to 12th grade sector, leading companies will likely dominate the market," said a recent report from CITIC Securities.

"Chinese companies will follow WTO rules and negotiate import agreements with US companies in accordance with market-based principles to expand imports of goods and services from the US."