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"Chinese customers always have their smartphones at their side. That's why online consultation was already well-established and accepted before COVID-19," said Michael Mayer, head of sales and marketing for Volkswagen brand in China, in an article on its website.

"Chinese are hardworking and keen on timekeeping. Meetings in China begin on time－or some minutes before time－but not late. People are also willing to work weekends and overtime. Every employee is focused on achieving a certain goal," he says.

"Chinese consumers, especially the millennials (those born in the 1980s and the 1990s), want to enjoy life ... they are quality-conscious and care about their individuality, and when it comes to shopping, they prefer premium brands," he said.

"Constraints over local governments' budgets will be made more binding," it said, noting that "disorderly use of debt financing for construction will be resolutely stopped and the governments' bond issuance practices will be standardized."

"China's securities regulator has specified corporate behaviors that will trigger delisting from stock exchanges in the revised rules, which will make compulsory delisting more doable and improve the efficiency of delisting processes," said Dong Dengxin, a finance professor at Wuhan University of Science and Technology.