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"Cities that rank tops in sustainable development are all mature cities, and have developed for more than 100 years. We expect that Chinese cities can soon get to that point," said Marco Kamiya, coordinator of the urban economy and finance branch at UN-Habitat.

"Compared with US SMEs, Chinese ones have a more flexible demand. Therefore, they require IT service providers that can offer solutions adaptable to changes at any time," Dong said.

"China's population structure determines that its consumption sector will see rapid growth. During the COVID-19 epidemic period, the Chinese government showed its strong capabilities in relocating resources and personnel, which has further strengthened our confidence to invest in the country," he said.

"Chinese policymakers will have to be ready to support growth and financial stability if needed. Given the global nature of the outbreak, many of these efforts will be most effective if coordinated internationally," said Helge Berger, assistant director of the IMF's Asia and Pacific Department.

"China will become one of the most important, or say the biggest, 5G markets in the world. From the perspective of base stations, we expect the three major telecom operators in China will build around 80,000 5G base stations in 2019, so China's general 5G network deployment is very optimistic," Zhong said.