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"China's demand for imported medical and healthcare products has remained steady in recent years with a tendency toward growth," said Wang Maochun, vice-president of the chamber. "The decline in import value was mainly due to the price drop rather than a volume decrease."

"Corporations have the ability to shape human development as never before through strategic investments, corporate policies and dialogue with governments and civil society. And corporations have enhanced influence when people trust their brands, which is why brand trusting is very important," he said.

"China will rebound rapidly after the novel coronavirus outbreak burns itself out because we are talking about a huge economy that is essential to the world's supply chain," said Tan Kok Wai, the Malaysian government's special envoy to China.

"China welcomes the US side to participate in cooperation within the framework of the Belt and Road Initiative," said the Chinese president, referring to the vision he proposed in 2013 of building an infrastructure and trade network connecting Asia with Europe and Africa along the ancient land and maritime Silk Road routes.

"China's economic growth, which is above 6 percent, is relatively high globally and its inflation remains between 2 percent and 3 percent, which is appropriate," said Tang Jianwei, chief researcher at the Financial Research Center of the Bank of Communications. "As inflation level matches economic growth, China does not need to drastically loosen its monetary policy stance."