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Chinese biotech and IVD companies invested heavily into the development and production of new test kits and genetic devices for rapid pathogen detection, even when a lack of testing resources hindered prevention and control of COVID-19 in China. It is great that their products can help other countries fight the contagion, Wang said.
Chinese investment in Europe nose-dived in the first half of this year from the same period of last year due to growing trade tension and economic uncertainty, according to a report from international consultancy group EY.
Chinese business leaders are more confident and prepared in addressing the challenges brought by new technologies than those in many other countries, said Cindy Hook, CEO of Deloitte Asia-Pacific, a global consultancy firm, on Thursday.
Chinese and foreign car companies are making great financial contributions to help combat the novel coronavirus outbreak that has killed over 2,800 in the country.
Chinese researcher Tian also expected competition in some areas between China and Spain since the two are less economically complementary due to similar industrial structures. However, "the Belt and Road Initiative can help turn competition into opportunities for cooperation if they explore new models of collaboration," he said.
来源：资阳报