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"COSCO Shipping Lines will become the world's third-largest container shipping operator after Denmark's Maersk Line and Switzerland's Mediterranean Shipping Co SA," said Zhao Ying, a researcher at the institute of industrial economics of the Chinese Academy of Social Sciences in Beijing.

"CIIE will bring a very strong exposure to our company by introducing us to high-level government officials, influential trade professionals, including many existing and potential customers, and also hopefully the general public, and this could result in recruiting opportunities for us," said Laurent Castella, head of Market Region Asia, GF Machining Solutions, during a recent media briefing in Shanghai.

"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.

"COVID-19 is not only hitting the poor the hardest, it is creating 'new poor.' The region is confronted with an unprecedented set of challenges, and governments are facing tough choices," said Victoria Kwakwa, vice-president for East Asia and the Pacific at the World Bank.

"China is already in the driver's seat with respect to the adoption of IoT technology, mainly driven by favorable government policies and fierce market competition inside the world's largest electronics manufacturing powerhouse," said Charlie Dai, principal analyst at Forrester, a business strategy and economic consultancy.