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"DSBJ has always diligently promoted smart manufacturing, and now our company has automated production and achieved full information interconnectivity," Liang said. "We aim to build the world's largest LED packaging and flexible printed circuit manufacturing center to accelerate Yandu's transformation into a smart manufacturing leader."

"Digitalization is already a key driver and enabler of transformation for companies operating in the Chinese market, and we expect this to become another significant dimension of efforts to enhance connectivity within and among countries and regions related to the BRI," said Barber.

"Deepening SOE reform is also critical in cutting industrial overcapacity. Such reforms are helpful in improving SOE governance in accordance with market rules, letting market forces play a fundamental role in allocating resources," he said.

"Digital health is playing an increasingly important role in this fight. Thanks to previous communication and exchanges through online platforms, overseas TCM professionals helped stem the spread of the contagion and provide front-line diagnosis and treatment in a timely manner," said He from the WFCMS.

"Domestic considerations limit the room for rate cuts (in China)," JPMorgan Chief China Economist Zhu Haibin told China Daily.