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"China's experience in tracking the coronavirus with smartphone software is impressive. We have studied lots of data from China and South Korea, and we found that it plays a big role in preventing further spread of the virus in those countries," he said.

"Chinese companies have gained an upper hand in large-screen LCD displays. South Korea's Samsung and LG have announced they will exit from the LCD sector, which means Chinese panel makers will take a dominant position," said Li, adding that the South Korean firms will focus on OLED and QLED(quantum dot light-emitting diode) displays.

"Chinese companies are very innovative in e-commerce, mobile payment and sharing economy," she said.

"Chinese tourists no longer only select traditional hot journey places such as Thailand, the United States and Japan to spend their holidays. Countries such as Kenya, Morocco, New Zealand and Peru have all become a new attraction," said Jiang Yiyi, director of the International Tourism Research Institute with the China Tourism Academy.

"China's capital market is warmly embracing new economy enterprises like Ant, which encourages the use of science and innovation to optimize the distribution of social resources," said Pan Zijian, a partner on capital market research at KPMG China.