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"Chinese equity markets will become a more attractive option for international investors as they have a lower-than-average allocation on China. Their holding of China's equities, compared with their overall portfolio, is far less than the share of China's economy in the world," said Chen Jiahe, chief investment officer at Novem Arcae Technologies, a wealth management firm in Beijing.
"China's auto production and sales are likely to hit about 25 million units this year, similar to that of the previous year," Meng said at a news conference in Beijing. "And the production and sales of new energy vehicles are expected to exceed that of 2019."
"Consumption has demonstrated its role in driving the economy," Zhao added.
"Chinese fintech companies have been expanding overseas," said Joe Ngai, senior partner at consultants McKinsey & Co, noting the country's increasing influence in the sector.
"China's experience so far shows that a full economic recovery will take time," Tilton said in an interview with CNBC on May 4.
