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Chen Fengying, a senior world economy researcher at the China Institutes of Contemporary International Relations, said China is calling for multilateralism because it can provide maximum benefits to all countries.

Cheng Shi, managing director and chief economist at ICBC International Holdings, said sectors that lie on the intersection of advanced technology and consumption upgrade would rank among the most valuable investment opportunities in 2020.

Cheng Wei, founder and CEO of Didi Chuxing and one of China's top 10 post-80s self-made billionaires, speaks during a session at the World Economic Forum in China's port city Dalian, September 10, 2015. [Photo/Agencies]

Chen Geng, chairman of Fuzhou-based Fashion-Flying Group, a large-scale outdoor garment manufacturer, said his company will partner with more cross-border e-commerce service providers and domestic e-commerce platforms, such as Tmall, to further diversify its sales channels in both the global and domestic markets. The value of its foreign orders dropped 20 percent on a yearly basis to million in the first half of this year, due to several clients canceling their shipments in the second quarter of this year.

Children now account for more than 11 percent of all confirmed coronavirus cases in the United States.