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China's drive to dominate the electric vehicle market has claimed another overseas target.

China's early recovery from the COVID-19 pandemic, the rebounding consumption levels and efficient production resumption have helped global companies in China to remain viable and profitable compared with other parts of the world, said Julien Hueber, executive vice-president of Industry Solution and Project Business Group at Nexans, a French cable manufacturer.

China's economic rebound bodes well for Southeast and East Asian countries, stimulating regional growth even amid the coronavirus pandemic, analysts said.

China's first national-level anti-pandemic industry group was officially unveiled in Beijing on Friday, as part of the country's ongoing efforts to prevent and control the COVID-19 outbreak.

China's economic growth beat market expectations in the first two months, an indication that the world's second-largest economy is expanding steadily and can achieve its preset growth target of about 6.5 percent, analysts said.