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"China is the world's biggest market for water heaters and this segment will be a cornerstone in Bosch's hot water business going forward," he said.

"Changes in production technologies - for example, artificial intelligence in manufacturing - and an aging population reduce the need for certain labor-intensive jobs, or may even eliminate them," she said. "However, demand for workers in service industries, such as healthcare, is increasing.

"By doing so, we would have enough measures and resources to defend against the volatility of the global economy in the post-COVID-19 era and speed up our economic recovery as a whole," he said.

"China is willing to work with Japan to promote the steady development of bilateral relations on the right track," Yang said, adding that such developments should be guided by the consensus made by the two countries' leaders and should stick to the direction of "peace, friendship and cooperation".

"China is well prepared for further actions taken by the US and will resolutely fight back if the US insists on unilateralism," Gao added.