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"Hasty trade remedy measures will not help solve the problem," Wang said, urging joint action from countries involved to stabilize the global economy.

"Foreign investments for the fourth quarter of 2019 were mainly driven by investments from China which accounted for 77.0 percent, followed by South Korea and the United States," the PSA said, adding China committed 86.3 billion pesos (roughly .7 billion) in the fourth quarter of 2019.

"Financial technology is at the forefront of the new economy, and its development is greatly affected by factors including policies and regulations. Compared with their US counterparts, Hong Kong's stock exchange executives hold a more prudent attitude toward certain types of fintech companies, such as those focusing on blockchain technologies, due to market uncertainties in this field. It will still take time for mainland fintech companies to make business innovations and improve operational performance after they have met IPO application requirements in the US and Hong Kong," said King Li, TMT assurance partner at EY.

"From the figure, we can see that central authorities have not loosened their efforts and are maintaining high pressure against corruption," Song said. "They will concentrate resources to target corruption, especially when supervisory commissions are established across the country."

"For governments, cooperation will reduce the burden of maintenance, and increase supply efficiency of public products and services. This happens by introducing advanced technology," he added.