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As the first major State-level international conference held after the two sessions, the forum is annually hosted by the Development Research Center of the State Council (DRC), and organized by the China Development Research Foundation (CDRF).

As the world's second largest economy and a major growth driver in the face of the COVID-19 pandemic, China, with its deeper-level reform and higher-level opening-up, will ultimately promote a more peaceful, safe and developed international system, added Xiong.

As recent measures gradually took effect, the percentage of key foreign-funded companies that restarted work in Shanghai and the provinces of Shandong and Hunan exceeded 80 percent, according to Ren. All 32 South Korean auto parts companies in Shandong province resumed work before Feb 15, stabilizing the global automotive supply chain, he said.

As the fresh new scheme takes time to be tested, only a handful of companies will have IPOs in London and China in the short-term, according to Stanislas Beneteau, regional head of financial intermediaries and corporate clients at BNP Paribas Securities Services.

As the largest bank in Africa and a strategic partner of Industrial and Commercial Bank of China, Standard Bank has participated in both CIIEs and has brought over 20 businesses from Africa to China through the expo.