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"Chinese consumers, especially the young generation, have significantly increased their trust in local big brands. This signals a very positive sign for the rise of Chinese brands," said He Xiaoqing, partner and head of consumption and retail industry at AT Kearney Greater China.

"China, having been more like a supplier or subcontractor in the past 20 years, is described as manufacturing giant, big market or lots of money in Europe. But China is not just a manufacturer, there is innovation here and many companies are actively developing robots with their own technological advantages."

"Consumer trends show that there is a growing need for people to take care of their health. Keeping people healthy is widely recognized as one of the best ways to counter the rising cost of treating the sick," said Jakobs.

"China's property market will shift from extensive and rapid growth to more sustainable growth in the following years," said Yao Yao, head of research for JLL China, a real estate agency.

"China's sound economic fundamentals for long-term and high-quality growth remain unchanged despite the epidemic," he said.