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As production resumed, enterprises quickly increased inventories, although many products could not be immediately sold. Therefore, consumption lagged behind the production rebound.

As the disease has hampered the golden season of recruitment, New Oriental, as the country's leading private education firm, said it has started recruiting talent in technology, teaching and training not only from China but across the world.

As to the future development of the China-Europe Railway Express, Alain Labat, vice-president of the New Franco-Chinese Institute, said it depends essentially on two factors. "First is the necessary improvement of France's export capacities to re-balance all of its foreign trade, and the second concerns the growth of Chinese imports from France," he said.

As the honorary guest city of this year's summit, Changsha in Hunan province of China led over 20 SMEs to matchmake with the US companies in the fields of advanced manufacturing and biopharma and digital health & diagnosis.

As the insurance sector sees itself as part of a wider ecosystem that enables successful ageing, it is looking to play a bigger part in offering "living well" solutions for the country's seniors, the report said.