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"China is by far the largest market for mid-sized premium sedans," Tesla said in its quarterly financial statement recently, adding, "with Model 3 priced on par with gasoline powered mid-sized sedans, we believe China could become the biggest market for Model 3."

"COVID-19 is a global health crisis. It is also an economic crisis, a development crisis, a humanitarian crisis and a human rights crisis. It revealed the structural inequalities and disproportionately affected the most vulnerable members of our societies," said Bozkir.

"China is facilitating global trade through the Belt and Road Initiative. What we have seen in the trade frictions between China and the US is a negative side where people say global trade causes problems. You need certain rules to the game so that both sides of trade feel they benefit," he said.

"China is an important factor," said Suan, adding that China's performance will be particularly important for the ASEAN region. "If China shuts down, we will be unable to get our goods or the needed inputs from China. Now China is back on its feet, so that should be able to help us get through this challenging period."

"China and EU share the responsibility to safeguard the global free trade system and negotiation needs to be speeded up to conclude a China-EU investment agreement," he said at a news conference on the sidelines of the ongoing annual session of the National People's Congress.