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"China welcomes the fact that the relevant parties have then come back to the track of consultation in seeking a solution and reached consensus on a technical renewal of the mandate," he added.

"China's central to global supply chain, central to global trade, playing a major role and is the largest producer in the world," said Roach, adding "it is encouraging to see there are signs of revival in production" after the nation experienced about two months of tight control over its economy in an effort to contain the COVID-19 outbreak.

"Chinese internet giants are leveraging their own capital and technological advantages to create retail ecosystems, while consolidating offline spaces and upstream and downstream industries to maximize their competitive edges," said Jennifer Ye, PwC China consumer markets leader.

"China's clean energy revolution is having a big impact on the countries and regions involved in the Belt and Road Initiative, and the development of photovoltaic technology has made clean energy no more a luxury but an affordable energy for many countries," he said.

"China's asset management industry has great potential, and Winton is excited to participate in the market," said Fred Tian, head of client advisory at Winton China. "We look forward to bringing to bear our international and local experience for the benefit of our Chinese clients."