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"COVID-19 has connected us and made us re-examine our responsibilities, both as individuals and as businesspeople," said Yu Xubo, president of the centrally-administrated State-owned enterprise.

"China has been the largest automotive production and trade market for 10 consecutive years. That success couldn't be possible without breakthroughs from domestic auto component makers, among which Shengrui is one," Xin Ning, deputy head of China Automotive News said at a summit organized by Shengrui in January to discuss the latest industry trends.

"By encouraging the establishment of creditor committees, our banking association guided private companies to correctly understand what a reasonable debt load is. Members of the creditors committees took concerted action to help private firms comb through their debt structure, dispose of idle assets, return to core business and deleverage," she said.

"CSP plants have great environmental benefits as a type of clean energy compared with fossil fuels. CSP plants also generate more stable power than photovoltaic plants," said Han Xiaoping, chief researcher at energy analysis website China5e.

"China is now Honeywell's largest market outside the US. It is our hope to carry out more profound cooperation with Pudong-based Chinese domestic companies, such as Commercial Aircraft Corporation of China. The solid groundwork that we have laid in Pudong will continue to drive our development in China, playing a crucial role in our integration into the country's digital economy," he said.