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China's sportswear giants like Li Ning, Anta and 361 Degrees have launched footwear and outfits for basketball, football, running, outdoor sports and athleisure wear long since their establishment, a similar product strategy to the big international names like Adidas and Nike.

China's proactive steps toward the resumption of work and production can also lead the world out of the downturn as it can power the growth of countries that export raw materials and key components of products while providing cheaper products for the world, he explained.

China's trust fund flows are shifting direction as the country keeps a tight rein on speculation and looks to raise investment in the real economy.

China's performance has strengthened the confidence of foreign multinational corporations in the Chinese market. MNCs such as General Electric, Fujifilm, Schneider Electric, Schindler Group, and Air Liquide Group swear by their expansion plans in China, despite the COVID-19 impact on the economy.

China's shortened negative list for foreign investors has reinforced the government's earlier pledges to continue promoting economic opening-up, and will further facilitate foreign entry into the world's largest consumer market despite trade frictions with the United States.