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"China plays an important role in Airbus' supply chain and is a critical force of scientific innovation. There are many competitive Chinese enterprises in the field of artificial intelligence and digitization. Airbus hopes to cooperate with them," he said.

"By the end of last year, all 10 counties in Sanming were selling homegrown products online, improving the lives of local farmers," he said.

"China has become a crucial force of opening-up in global development," Zhou said, adding that the country has furthered opening-up in a broad-minded way when protectionism and unilateralism are on the rise around the world.

"China has already stopped focusing on the growth of its trade volume, and pays more attention to added value, brand building and structural optimization, so that the country can realize a transformation from being a big trading nation to a strong one," said Xue Rongjiu, deputy director of the Beijing-based China Society for WTO Studies.

"China has been a leader in testing, tracking and treatment, as well as lockdowns and social distancing," Sargent said during the 2020 Global Venture Capital Online Conference, adding that the Chinese government's fiscal and monetary policies have proven effective.