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"Chinese leaders attach great importance to developing relations with Japan," added Zeng, who is now chairman of the nongovernmental organization China Center for International Economic Exchanges. "Economic and trade cooperation is one of their shared interests and is believed to be 'a ballast stone' for stabilizing bilateral relations."

"Companies can save money and improve their production efficiency by starting to build their industrial internet platforms at the dawn of 5G commercialization," said Li Ying, an inspector in the ministry's department of informatization and software services.

"Compared with the United States and Europe, whose online travel market is growing at 45 percent to 50 per-cent annually, we still have big growth potential," he said. "Therefore, the new policy is not a big threat to online travel agencies like ly.com."

"Chongqing represents an import hub for the Chinese economy, especially for the automotive sector. If you look at Chongqing itself last year, it manufactured 1.5 million vehicles. And in a radius of 600 kilometers the number of vehicles was even greater, at around 4.5 million," he said.

"China's policy to open up its financial sector remains unchanged," Guo said, noting that more foreign financial institutions have settled in China even during the epidemic.