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"Chinese carmakers at this moment do not possess a thorough understanding of the IoT, or wireless communication technologies, and vice-versa. Those IoT people don't understand auto manufacturing," Guo continued.

"China's Belt and Road Initiative means great opportunities for Italy," said Antonio Fatiguso, Beijing bureau chief of ANSA Agency, Italy. "I'm very positive on the further cooperation of the two countries and I think it's something that is underway. I think the bilateral ties will improve, not just in the economic field, but also from (the) cultural perspective, such as film co-production," he said in an interview during a show called "Beijing in My Eyes-Conversations with Chief Correspondents" presented by Radio Beijing International.

"Companies that wish to access the mainland and/or the Hong Kong stock exchanges, but are not yet prepared to delist from the US, could also consider secondary listing as an alternative," said Jonathan Zhou, counsel at law firm Freshfields Bruckhaus Deringer.

"China's R&D expenditure as a proportion of revenue from principal business by sector has increased continuously in the past decade. The Made in China 2025 plan will further stimulate innovation of Chinese companies," Yuan said.

"China's economy has shown strong resilience for decades. This gives us full confidence that the impact of the epidemic on the economy is temporary and will not change the fundamentals of the nation's long-term economic growth," said Leon Wang, executive vice-president and international and China president of AstraZeneca.