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"Currently, staking has become the next target for many big name investors," Jiang added. "More than 80 percent of proof-of-stake blockchain projects and 40 percent of token suppliers have participated in the staking economy."

"China's economic recovery was not strong enough due to limited improvement in demand, and some companies didn't replenish inventories," said Zhong Zhengsheng, chairman and chief economist at CEBM Group, a Caixin subsidiary.

"Chinese tourists are seeking more personalized experiences while traveling abroad. They are more willing to slow down the pace of life and enjoy in-depth and tailored trips, encouraged by their growing spending power and evolving tastes," said Dai Bin, director of the China Tourism Academy.

"Compared with 2003, whether it's Hong Kong or other places, I think we're now in a much stronger position to contain the epidemic," said Ko, who was a director of the Hospital Authority and the city's acting chief executive in the final stages of SARS outbreak 17 years ago.

"China's internet development has been an indisputable success. China's homegrown tech juggernauts, including 'BAT' or the top three firms, Baidu, Alibaba and Tencent, are undisputed leaders. A fleet of startups, such as Didi, Bytedance and Pinduoduo, have joined China's internet ecosystem and provided Chinese users with a whole package of leading services," Gambardella said.