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"China's economic growth, which is above 6 percent, is relatively high globally and its inflation remains between 2 percent and 3 percent, which is appropriate," said Tang Jianwei, chief researcher at the Financial Research Center of the Bank of Communications. "As inflation level matches economic growth, China does not need to drastically loosen its monetary policy stance."

"China, Japan and South Korea took different approaches in dealing with COVID-19, and they can share lessons with ASEAN," Pitlo said. He also welcomed the planned signing of the RCEP, saying that a new free trade agreement like the RCEP can help economic recovery.

"Co-branding is just the first step for sustainable development of Chinese toy companies and it's more important to have their own brands in international market, "said Tong.

"Covering not only the healthy groups but also people with mild diseases, the new program aims to better fulfill our mission of protecting hundreds of millions of families and taking on more social responsibility," Shen Peng, founder and CEO of Waterdrop Inc, said at the launch ceremony Wednesday. "With great strength and rich experience, we're confident to fend off the risks of high payout."

"Chinese consumers have shown huge enthusiasm for 5G smartphones, which has outpaced our expectations," he said. "To tap into this demand, Xiaomi plans to launch over 10 types of 5G smartphones next year."