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"Cities in the Yangtze River Delta often have a temperature of around -10 C in winter," he said. "Because of the high humidity of the air, people feel that it's even colder than the actual temperature is."

"China's demand for IDCs will see a rapid rise as the country expedites the use of 5G and internet of things technologies. We expect the market volume of China's IDC industry to grow around 30 percent year-on-year from 2019 to 2020, hitting 200 billion yuan (.5 billion) in 2020," Wang said.

"Chinese travelers like to shop and they stay longer, and such contribution to the local economy is significant," Guevara said.

"China's per capita income will continue to rise and supply of quality goods will increase, which will further support consumption upgrading", which in turn will contribute to the country's high-quality development, it said.

"China's policy to open up its financial sector remains unchanged," Guo said, noting that more foreign financial institutions have settled in China even during the epidemic.