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"China has over 4,000 EPC (projects) abroad, with over 100 of them involving the power business," said Zhang Jinquan, head of ABB China's power grids division.

"China is united and determined to improve air quality and protect the environment," said Jiang Yi, a professor at Tsinghua University and an academician at the Chinese Academy of Engineering.

"China continues to create an open, fair, just and non-discriminatory business environment, offering more opportunities to the world, thus helping stabilize the unsettled global economy amid the COVID-19 pandemic. This is a key factor for global companies to find the Chinese market attractive," said Quan Heng, secretary of the leading Party members' group at Shanghai Federation of Social Science Associations.

"CMA not only gives Geely a future-proof vehicle architecture, it also allows us to endow each new product with pedigree genes in terms of safety, sportiness, and intelligence," said Feng.

"China has further reduced restrictions on market access by foreign investors and now allows foreign investment throughout China in sectors where it was previously permitted only in pilot free trade zones," said Paul McKenzie, managing partner of Morrison & Foerster's Beijing office. "Strong headwinds will likely continue at least until the US-China trade relationship improves. Perhaps a more dramatic set of further amendments to the negative list will come out of the current trade talks," McKenzie said.