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"China remains the only one of the BRICS countries that after 17 years has actually done exactly what we had expected it would achieve," he said.

"China's fast growing 5G technology infrastructure, artificial intelligence, machine learning and digital-related business environment, as well as people's willingness to connect with various products via digital applications, are creating many opportunities," said Sun Fuquan, a researcher at the Beijing-based Chinese Academy of Science and Technology for Development.

"Chinese investors are more cautious about investment. They no longer chase those hotbeds but start to think about business sustainable in the long term," said Xu.

"Construction of the health industrial park in Nanhai district will be just a beginning for transformation of scientific research achievement," said Zhong who is a renowned respiratory expert.

"China-US economic and trade cooperation has reached unprecedented depth and breadth," said the report, noting that bilateral trade surged last year by roughly 252 times since 1979 to 3.5 billion.