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"China, the world's second-largest economy, is capable of absorbing the short-term hit with a strong material and technological basis as well its very large market," Li added. "And many sectors emerged as beneficiaries of the recent outbreak, including online shopping, fresh food e-commerce, online education, online medical services and telecommuting."

"Covering Asia, Latin America, Africa and Europe, the Belt and Road Initiative is expected to help lift 7.6 million people out of extreme poverty and 32 million out of moderate poverty."

"China will continue to export consumer goods in exchange for Germany's high-tech products such as electronic and chemical products, construction machinery, vehicles and parts, medical equipment and pharmaceutical products," said Yu Jianlong, secretary-general of the China Chamber of International Commerce.

"Comfort, digitalization and e-mobility－they all come together in their demands, they are essential for modern customers," said Ian Robertson, member of the board of management of BMW AG, in his speech at the auto show in Shanghai on Wednesday.

"China still remains a hospital-driven market. So the most effective way to engage at the early stage is to focus on big cities and big hospitals, at the early stages of our market entry" Merizalde noted.