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"Companies from home and abroad are welcome to join in the development of Jinan, especially in the construction of the pilot free trade zone, to innovate and try and grow together with the city based on their respective advantages in scientific research, capital, talent, brands and management," he said.

"Companies in China have not only reported the greatest success so far in recouping output lost to COVID-19, but also anticipate making the fastest full recovery," said Chris Williamson, an economist at IHS Markit.

"China's financing support to Africa is mainly invested in infrastructure construction and the field of production, which has greatly improved the environment for Africa's economic development, added to its appeal to foreign investment and enhanced its capability to achieve self-driven development," she said.

"Currently, however, Chinese companies lack genuine technological breakthroughs and innovation. They still have very little in the way of unique differentiation compared with other providers," Ji said.

"China was the first country to successfully fight the pandemic among major global economies. Thanks to that, our business in China is also recovering quickly," Goller said.