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The number of projects with investment above 100 million U.S. dollars hit 320 during the period, showing that the country still holds great appeal to foreign investors.

China has been at the forefront of both epidemic prevention and control and economic recovery, and the situation is better than expected, Xi said.

Earlier in May, China issued a financial support guideline for the development of the Guangdong-Hong Kong-Macao Greater Bay Area, followed by a master plan, released in June, on building the southern island province of Hainan into a globally influential free trade port.

Besides, such a China policy is also disconnected from the U.S. business community, who refuses confrontation in the economic relationship, Medeiros added.

International medical journal The Lancet said there are important lessons that presidents and prime ministers can learn from China's experience, highlighting the role of public health measures, such as surveillance and exhaustive contact tracing, in delaying the spread of infection.