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"China's unprecedented economic growth over the past 40 years is a testament to the importance of an economy embracing global business and international markets. Over the past half century, China has transitioned from a closed, agriculture-based economy to one that is vibrant and deeply connected across virtually every sector in the world," she said.

"China's economy has achieved high-quality growth and the country's internet and technology development has gained momentum thanks to reform and opening-up," Ma, who also chairs internet giant Tencent, said ahead of the opening meeting of the first session of the 13th NPC.

"China stands firm in attracting foreign investment, especially in the healthcare sector. The National Medical Products Administration, the National Healthcare Security Administration, and the National Health Commission have launched various measures to encourage drug innovation and enhance drug accessibility. MNCs enjoy the same favorable policies as Chinese firms. We are confident about the market," he said.

"China would not want to increase the value of the exchange rate and it would not want to undermine the value of the bond," he told this newspaper on the sidelines of the China Development Forum in Beijing on March 24.

"Compared with the service sector which was dealt the heaviest blow by the contagion, manufacturing activities are quickly regaining momentum. This will help mitigate the overall negative impact on the local economy," Deng said.