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China insisted on equal treatment and protection of IP rights of domestic and international companies and made globally recognized achievements in this field. Some US intellectual property authorities and related media also said China's IP protection environment is at the forefront of developing countries and has becoming a preferred place for multinational companies to initiate IP litigation around the world, Shen said.

China is making a path from health crisis to recovery and offering tremendous expertise and experience to the rest of the world, IMF chief Kristalina Georgieva said on Friday while viewing the role of China's economy in saving the global economy from recession amid coronavirus pandemic.

China is important for DSM, a company pursuing sustainability, as the country is taking the leadership on balancing economic profit, growth and the environment, according to De Vreeze.

China is the world's largest market for semiconductors, accounting for 23 to 35 percent of the sales of US producers, said Goodrich at a recent webinar.

China is the largest contributor of peacekeepers among the five permanent members of the United Nations Security Council and has been contributing to the peaceful settlement of the Korean Peninsula nuclear issue, the Iranian nuclear issue and other regional and international hot spots, as well as the response to climate change and other global challenges.