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"China is ahead of the rest of the world in terms of being impacted by the coronavirus. Having taken containment measures with a huge drag on growth in their first quarter, they are now stepping up production," Georgieva said.

"China is now among the major sources of finance for infrastructure development globally, and Africa has had the access to more than 0 billion in the last 20 years," he said.

"China has been the relative winner, with its stock markets weathering the virus better than its US and European counterparts," said Rupert Hoogewerf, Hurun Report chairman and chief researcher.

"China is a rising power in the IT industry and has a huge potential market," he said. His company has signed three cooperation projects in Hainan.

"China has switched from pursuing high-speed growth to aiming for high-quality growth, and local economic performance evaluation systems should be adjusted to better support China in achieving the new goals," Ning said.