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"China is one of our top-priority markets with product launches and potential growth," Saroukos said, adding that the company, which ranked 16th among multinational pharmaceutical companies in China, currently has a window of opportunity due to government healthcare reforms.

"China always stresses that the financial sector should better serve the real economy, and now we have doubt about whether crypto-assets could support the real economic development or not," said Zhou, who agreed to strengthen policy coordination under the G20 framework.

"But we believe the Chinese government still has room for policy adjustments to mitigate risks, and we expect more reform efforts to transition the economy toward a more sustainable growth path."

"China is determined to make 5G a top priority on its national agenda, striving to take a leadership role in the global landscape," said Steve Lo, the managing partner of EY's greater China Technology, Media & Telecommunications division. "It is also pressing for participation in the formulation of the international 5G standard to make China one of the main players."

"China is willing to share with the Central and Eastern European countries, whose energy consumption is still dominated by oil and gas and is largely dependent on imports," Xu said.