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"Chinese education market is huge and is developing at a rapid speed. A group of education companies hope to advance education through technology and strengthen communication with foreign enterprises and institutions," said Chen Dinghong, chief advisor of TAL overseas.

"Contact tracing was immediately implemented. My thanks to Portuguese Govt for testing & logistical support and to everyone for their messages of support," Lacroix added on Twitter.

"China's evolving business environment and opening-up has contributed to Danone's steady growth in the country," he said, adding that the company believes that China's ongoing consumption upgrade and booming e-commerce business will benefit not just domestic sales, but also other parts of the world.

"China, which started recovering earlier, is projected to grow strongly, accounting for over one-third of world economic growth in 2021," said Laurence Boone, chief economist at the Organization for Economic Cooperation and Development, at the release of the organization's Economic Outlook earlier this month.

"Cost reduction measures are an important part of the country's supply-side structural reform and will help effectively raise the vitality of the corporate sector," Pan Jiancheng, an official of the National Bureau of Statistics, told Xinhua.