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"China has the expertise to assist countries that do not have this kind of know-how for mega projects. And people in Brunei are benefiting because of that," said Ahiraj Tyagi, project coordinator for a joint venture between China State Construction Engineering Corp and a Brunei company that is building a section of the 30-kilometer-long Temburong Bridge.

"China is our second largest market worldwide," said Gilbert Ghostine, Firmenich CEO, adding that he expects the factory in Zhangjiagang to play a central role in the company's growth.

"By freeing up the local economy from pre-existing constraints on capital flows and having an improved climate for the development and protection of intellectual property rights, the FTZ can serve as an important catalyst for driving indigenous innovation," he said.

"China is taking the lead in the area of internet economy where there is huge room for cooperation," said David Liao, president and CEO of HSBC China, at a recent forum held by the multinational banking and financial services institution in Beijing on the China-ASEAN economic corridor.

"COVID-19 has been rampaging over the world, which requires the international community to further enhance global health governance," the report, released by the Chinese Academy of Social Sciences' Institute of World Economics and Politics, said. "As a responsible country, China should take the opportunity to further participate in and contribute to global health governance and share its wisdom in that regard with the rest of the world."