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Cheng said that as the Chinese economy finds itself on the "cusp of yet another quantum leap", continued prosperity under the Sunan pattern underscores the need for the national reform and opening-up policy to be deepened and widened.

Chikwanda warned that the US trade actions will be met with reciprocal measures.

Chen Guo, chief strategist of Essence Securities, said stabilizing commodity prices, especially oil prices, have indicated a sign of bottoming out. The market has stopped panicking about liquidity shortage and started reassessing the novel coronavirus' impact on the real economy. Risky assets in areas where better control of the epidemic has been implemented and its results observed, for example the A-share market, have gained the attention of international investors, an indication that global assets have started gaining traction.

Children of working women read and draw at the reading rooms in Bantang village, Shaoyang city of Central China's Hunan province, on Sept 9. [Photo by Wang Jingjing/chinadaily.com.cn]

Chen, also an academician of Chinese Academy of Engineering, said China must have its own independently-developed COVID-19 vaccine. She led her team to start research in Wuhan and when the team returned, they continued to develop the vaccine together day and night.