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"Curbing the tide of the current COVID-19 pandemic lies in the ability of countries to rapidly test their entire populations," said Kuok Meng Han, founder and managing director of Camtech from Singapore.

"China's capital market should be reformed to help long-term investors obtain higher yields than short-term ones, which will help refill the market with more patient capital," Jin said, adding that both the market and the government can come into play in that respect.

"Consumption plays a fundamental role in China's economic development and is the primary driving force behind the economic growth," said Ning Jizhe, head of the National Bureau of Statistics, adding that the steady growth in the income of residents will boost consumption.

"Compared with its rivals, VIPKID has gained a lead. However, it faces some challenges in that the company is trying to expand its business to small-size private classes," he said.

"China will see its refinery capacity boosted in the 2019-21 period and refiners are gearing up to produce higher-quality fuels with less sulfur to reduce pollution," she said.