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"China still lacks a large group of software talents, especially highend talents. Those talents are key to help driving the whole IT and software industry," he said.

"China's financial and asset management markets are full of vitality and opportunity. As individual investors' demand for wealth management keeps growing and regulatory authorities continue to introduce proactive and open policies, the markets will be provided even bigger boosts," Lin noted.

"Compared to the downturn seen in smartphone demand and many other segments in the first six months due to the devastation caused by COVID-19, smartwatches remain a popular consumer device segment," said Sujeong Lim, senior analyst at Counterpoint Research.

"China's economy has benefitted considerably from the more domestically focused, investment-driven growth model after the 2008 global financial crisis, when many developed economies encountered weakened consumption growth resulting from the fallout of the crisis," said Sang Baichuan, director of the Institute of International Business at the University of International Business and Economics in Beijing.

"China's diplomacy has made remarkable progress," he said.