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"China will definitely lead the world on many environmental issues ... and it is still a major supplier to the world economy. So you can imagine its power to move markets and change behavior when the country decides to go green."

"Chinese tourists now have better jobs and know how to share information, especially those born in the 1980s and the 1990s (Millennials)," Chen said.

"China's new energy vehicle industry, as well as the power battery sector, has evolved into a stage where there are rivalries in technologies and resources," said Zhang Xiaofei, president of Shenzhen Gaogong Industry Research Co Ltd, an industrial analytic company, specializing in batteries, e-vehicles and new materials.

"Countries in East Asia and the Pacific that were already coping with international trade tensions and the repercussions of the spread of COVID-19 in China are now faced with a global shock," said Victoria Kwakwa, Vice President for East Asia and the Pacific at the World Bank.

"China will keep opening up the agriculture sector," he said, adding that the country has greatly lowered the threshold for foreign investors' access to its agriculture sector and abolished a number of restrictive measures.