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"China's legal system governing foreign investment has been keeping pace with changes on the ground. In particular, we need to introduce the system of pre-establishment national treatment and negative list for foreign investment. Such new strategic goals naturally call for the commensurate improvement of the country's legal system," said Li.

"China's fast growing 5G technology infrastructure, artificial intelligence, machine learning and digital-related business environment, as well as people's willingness to connect with various products via digital applications, are creating many opportunities," said Sun Fuquan, a researcher at the Beijing-based Chinese Academy of Science and Technology for Development.

"Cosmetics is not a necessity. There will be a phase of delayed consumption due to the epidemic. Once the contagion is over, makeup sales are expected to see a big rebound," said Neil Wang, president of Frost & Sullivan China, a consultancy.

"Chinese CEOs have grown more positive about the prospects of the global economy and their respective industries," said Benny Liu (pictured), chairman of KPMG China. "This positive outlook comes at a time when China's significance in the global economy continues to increase."

"Compared to the complicated process of setting up regulations, it's a much more feasible approach to provide withdrawal programs for smokers as part of efforts to protect the public from smoke fumes," she said.