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"Even though the virus has caused a certain impact on the country's exports and imports within the short term, both global and domestic companies have strong adaptability and market development capabilities in dealing with the new situation," said Bai Ming, a senior research fellow at the Chinese Academy of International Trade and Economic Cooperation.

"Even during the most difficult days when COVID-19 hit the country hard, we did not lose confidence in the Chinese market for one day. It is our long-term goal to increase our market share in China by seeking more cooperation. The regional headquarters in Shanghai will help to elevate the group's performance in the entire Asian market," Wang said.

"Development of drugs and vaccines are still underway and it is hard to predict if and when they become available."

"Development is like riding a bike: you cannot stand still because you will fall," Yang Shaolin, managing director of the World Bank, said at the same forum on Friday. "Continued reforms are needed."

"During the disasters like Typhoon Hagibis, the government issues all kinds of orders for people to evacuate or seek shelters, which is the other meaning of rei," he said.