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"China's M2 growth is slightly lower than nominal GDP growth, but we should monitor more indicators, such as prices and jobs, to see whether liquidity is tight," he said.

"China's semiconductor display industry has taken large steps forward in the past decade, changing the display industry's global competitive landscape. China has transformed into the world's largest consumer market and manufacturing base for display terminals, with huge market potential," said BOE Vice-President Zhang Yu.

"China's central to global supply chain, central to global trade, playing a major role and is the largest producer in the world," said Roach, adding "it is encouraging to see there are signs of revival in production" after the nation experienced about two months of tight control over its economy in an effort to contain the COVID-19 outbreak.

"China's economy will brace for a painful blow, much worse that what it suffered during SARS," said Wang Tao, chief economist at UBS Investment Bank, in a teleconference on Tuesday.

"Chinese companies should equip their CEOs' with the capability to be visible and be aspirational. They should not only tell a good corporate story on the global stage, but also engage directly and cultivate a trusted employer-employee relationship and such a relationship may in turn, become a part of their big story," said Fan Hong, director of the National Image Research Center of Tsinghua University.