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"China's digital transformation has developed at an unprecedented speed, and has created huge and valuable opportunities. The Chinese market has become one of our largest markets globally," said Kang Rong, vice-president of Microsoft China.

"China's PE market will reembrace diverse opportunities after the epidemic. Similar to the SARS (severe acute respiratory syndrome) outbreak back in 2003, investments started to rebound in the fourth quarter of that year," said Li Chenghuan, partner at global management consulting firm Bain & Company.

"China will carry out more efforts to accelerate the construction of an international science and technology center in the Guangdong-Hong Kong-Macao Greater Bay Area," said He Lifeng, head of the National Development and Reform Commission. He made the remark at a news conference during the recently concluded two sessions, the annual plenary meetings of China's top legislative and political advisory bodies.

"China's manufacturing industry has maintained stable and rising growth momentum," said Zhao Qinghe, a senior statistician, in a statement published on the website of the NBS.

"China's National Development and Reform Commission set a minimum domestic production target of 200 million tons for 2020 in the 13th Five-Year Plan (2016-20). Achieving that target requires a 2.8 percent yearly growth in 2019-20," she said.