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"China has done a great job in the prevention and control of COVID-19," Wu said. "We also received help from the local government, such as helping us buy masks during this epidemic."

"China has carried out major reforms on adjusting economic imbalances, such as taking corporate deleveraging as a primary task, which will ensure a more healthy and sustainable economic development from a mid - and long-term perspective. The country also ramped up efforts to open up further and shortened its negative list for foreign investors," said Wu Yibing, head of China affairs at Temasek.

"China has advantages in the speed of AI development and its wide application, but its weak points are the depth of basic research and originality," Wan said.

"But many people miss the best time to get treated because they do not even realize the existence of the problem."

"By 2030, they think it's going to be a 150-billion-dollar market in China. They think it's going to reframe the basis of competition worldwide and add a trillion dollars to China's GDP."