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"China's economic recovery was not strong enough due to limited improvement in demand, and some companies didn't replenish inventories," said Zhong Zhengsheng, chairman and chief economist at CEBM Group, a Caixin subsidiary. "As the pneumonia epidemic is putting pressure on the economy, policymakers need to make efforts to ensure no major disruptions to improving business confidence."

"China's long-term consumption potential is vast and the country's savings rate is decreasing while consumption rate is rising. The country is already the world's largest retail market. Even if it grows at a slower pace, it will still be the fastest-growing market in the world," Huang said.

"China will end domestic poverty by the end of this year, which makes the nation a front-runner in reaching the UN's 2030 Sustainable Development Goals," said Song Tao, head of the International Department of the Communist Party of China Central Committee. "We would like to share our experiences with other countries around the world."

"China sticks to transparent, equal and fair principles when purchasing 5G telecom equipment. We never preset market shares for domestic and foreign enterprises," Miao said.

"China will further open its market to other BRICS countries and increase imports, as they are highly complementary in trade," said Wang.