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China's listed carmakers painted a gloomy picture for the first half of this year, according to a Tuesday report by 21st Century Business Herald.

China's foreign trade has been impacted by the ongoing epidemic and the country's imports and exports totaled 4.12 trillion yuan (0 billion) in the first two months of this year, down by 9.6 percent year-on-year, according to statistics from the General Administration of Customs.

China's manufacturing sector is the largest and most diversified in the world, and the international community is confident that China's supply chains are resilient enough in the face of the epidemic, Geng said.

China's draft foreign investment law will give foreign investors more confidence and promote the growth of the economy, according to Maurice Greenberg, chairman and CEO of US-based insurer Starr Companies.

China's financial sector has been long dominated by the banking system, or "indirect financing system", compared with relatively weaker equity financing.