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"By highlighting various sectors, these internet giants are competing for the portal to keep existing users and acquire new ones," Wang added.

"China has shown great resilience over the coronavirus outbreak and is among the first major economies to recover," said Herero, who is also a senior research fellow at Bruegel, a Brussels-based think tank.

"China excels in absorbing foreign cutting-edge technologies and reinnovating them to accelerate commercial applications in the local market," Zhang said. "Such strength will help make multilateral cooperation a success."

"China has mobilized all social sectors and resources to fight poverty. Provinces with better economic conditions are paired up with less developed ones. Targeted assistance is provided to those in need."

"China is great with building hardware very quickly and at a very low price. And China has a great infrastructure in building IoT, hardware solutions and automation," he said.