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"COVID-19 is of the same magnitude," Tan said. "This (pandemic) will propel greater cooperation as there is the realization that nobody can go it alone."

"China is serious about further opening up and building stronger economic and trade ties with Africa," said Mark Greeven, professor of strategy and innovation at the Switzerland-based International Institute for Management Development. "While a lot of countries, especially the developed economies, are mainly focused on other parts like Europe and the United States, China seeks opportunities in emerging nations in Africa, something that will help Africa's inclusion in global trade routes."

"China over the last 20 years built very strong infrastructure. I cannot see any country around the world who can match up with that. Especially when you talk about the toy industry. Whatever spare part I need for my products, I find a supplier (there)," said Peter Handstein, founder and CEO of Hape Group, told Xinhua at the 2020 North American International Toy Fair in New York City.

"But now there are no clear rules or laws to protect the rights of such people in rural areas and regulate their behaviors in job creation," Zhang added.

"China and the EU should continue to focus on cross-border investment and two-way opening so as to build a fair, open environment and a mechanical framework for business," said Zhou Xiaochuan, former governor of China's central bank.