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"Establishing a set of rules and guidelines is relatively easy. The hard part is implementation (especially with regard to fire safety issues)," he said.

"Demanded both by government and enterprises in China, great importance has been attached to blockchain technology's further development and application," Bao said, adding it provides growing opportunities for closer collaboration between two vibrant blockchain ecosystems.

"Facing the complexity and uncertainties of the external economic environment in 2019, listed commercial banks continued to strengthen their ability to withstand risks and sustained an overall steady performance … This laid a solid foundation for coping with the extraordinary period in 2020," Yeung said.

"Expectations for future activity also fell to their lowest level since late 2014, as most firms do not expect energy prices to return to profitable levels this year," said Chad Wilkerson, economist with the Federal Reserve Bank of Kansas City.

"Despite obvious risks regarded as normal issues, such regional conflicts and recessive risks have been increasing," said Li Wei, a researcher at the China Institutes of Contemporary International Relations, at a forum on global security risks. He mentioned Japan, France and Germany are becoming involved in the Five Eyes intelligence network of the US, UK, Canada, Australia and New Zealand, which will likely strengthen monitoring of overseas Chinese companies. Precaution against such risks should increase.