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China's proposal to explore third-party market cooperation could bring benefits to European countries participating in the BRI development, without causing a clash of interests. Projects involving China, France and some French-speaking African countries are a case in point, said Sang Baichuan, director of the Institute of International Business at the University of International Business and Economics in Beijing.

China, in particular, has seen the market for telemedicine - defined as the remote diagnosis and treatment of patients using telecommunications technology - getting a shot in the arm during the pandemic with government support to propel online medical consultations. The healthtech market thus offers solid double-digit growth opportunities, with more market leaders emerging in Asia's drug development and software segment.

China's systemic financial risks are generally under control, but risks such as bad assets and liquidity issues are still alarming, and regulation has become uncoordinated, inadequate and outdated in the face of innovation and development of cross-market financial products, Lu said.

China's role as a change-maker in global technology also has a direct impact on environmental sustainability. The government is committed to policies ensuring that its accelerated development takes full consideration of the environment.

Chinese State Councilor Yang Jiechi visited Washington recently to ease the tensions between the two countries. After his meeting with US Secretary of State Rex Tillerson, the Chinese Foreign Ministry said the two nations agreed to hold a comprehensive economic dialogue as early as possible this year and a security dialogue within the first half of 2018.