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"Consumption upgrade and supply-side reform have fundamental impacts on all industries. Under such circumstances, the auto market is undergoing adjustments, but it is good for the sustainable development of the industry in the long run," said Puttfarcken.

"China's AI industry is rising and has unlimited development potential. This partnership allows IBM to bring our cloud and AI technologies and industry expertise to Chinese industries and innovative startups," said Liming Chen, IBM Greater China Group chairman.

"Combined revenue of retail and dining in the seven-day Spring Festival holiday totaled 1 trillion yuan (3 billion) in 2019. During the same period of this year, the loss of Chinese dining business operators may reach 500 billion yuan," the report said.

"China's priority is to deepen its integration with the world, and next month's expo is a message loaded with meaning. It is a concrete demonstration of China's opening-up," said Castro, head of the Strategic Planning Institute in Argentina and regular contributor to Argentine daily Clarin.

"China should pay more attention to make its ODI moves better suited to its 'dual circulation' development pattern by meeting domestic market needs via investment activities in overseas markets," said Zhao Ying, a researcher at the Beijing-based Institute of Industrial Economics, which is a part of the Chinese Academy of Social Sciences.