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"China has made significant progress in financial market opening-up and participated in an expanding scale of trade, cross-border investment and human resource movement, naturally strengthening the yuan's international role," Zhang said, adding that the growth of the yuan's share in global reserves could help stabilize global financial markets with currency diversification.

"China is too big to ignore," Hogne I. Tyssoy, portfolio manager of the Holberg Triton fund, said in an interview in Oslo. "Now when it's opening again, Norwegian seafood has an exciting future in China."

"China has shown itself to be a vivid example of the benefits that can flow from the active hand of government in investment in infrastructural development," Sourabh Gupta, a senior fellow at the Washington-based Institute for China-America Studies, said in a recent interview.

"China is still seeing sporadic cases of COVID-19, which to a certain extent may affect the residents' confidence in consumption and the recovery in the service sector."

"China has rolled out a series of supportive policies and will continue to do so to help businesses recover and further stimulate sports-related consumption," Li said.