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"For many brands, including the luxury department store Harrods, it is the first time to enter the Chinese market," said Lynne Hua, managing director for The British House in China. "We think the investment climate in China is becoming more open."

"Hainan will further expand its connections with countries and regions participating in the Belt and Road Initiative to open itself further," Shen Xiaoming, governor of Hainan, said on Monday during a panel discussion at the four-day Boao Forum for Asia Annual Conference 2018, which closed on Wednesday.

"From helping small store owners streamline their supply chains and increase stocking efficiency, to speeding up checkouts, this is a massive jump beyond anything in use today," Ma added.

"For as long as I've been dealing with China, we have been working to get better access to products, so we are now able to do wholesale and it gives us again more opportunities to participate in the market," he said.

"Foreign firms have been satisfied with China's enhanced efforts in fighting against the novel coronavirus epidemic," Wei said, citing that some big-ticket projects, like BASF's billion project in Guangdong province, are underway in an orderly manner.