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"China was the first country to fully recover. Look at the GDP (gross domestic product) data in the third quarter in seasonally adjusted terms, it has already reached the pre-crisis levels," said the chief China economist at the Paris-based organization.

"China's SOEs development is steadily improving, with better quality and efficiency," said Wang Wenbin, deputy head of SASAC.

"Cutting capacity has (helped boost) steel demand," Chen said. "But without a strong need for steel, strict environmental protection policies cannot account for the price rise."

"Chinese consumers' perception of beauty has upgraded. We find that users' aesthetics are becoming more diversified and personalized. We also see that technology is playing an increasingly important role in helping users. AI can now help thousands of users with personalization, automatically presenting their favorite effects and giving them accurate recommendations for cosmetics and skincare products. We think that this will be very important in the next decade."

"Chinese investment in the BRI economies is expected to register steady growth this year and may even accelerate, as the initiative has become more mature and gained support and positive attention from the international community," said Li Qiang, regional co-managing partner of Asia at global law firm DLA Piper.