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"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. "As the pneumonia epidemic is putting pressure on the economy, policymakers need to make efforts to ensure no major disruptions to improving business confidence."

"Chinese banks' expansion strategies have benefited from policy supports such as the Belt and Road Initiative, with new projects creating demand for goods and infrastructure," said Ben Shenglin, dean of the academy.

"Companies need to focus on the younger generation's preferences and develop more affordable and environmentally friendly products, as well as making products more convenient for consumers to recycle," she said.

"Crude futures will become an important channel for foreign institutions to access China's market. With all these international institutions, China's futures market will become more influential."

"ChinaSF is a leading example for international economic development in the United States," said San Francisco Mayor Mark Farrell, adding the city welcomes business from China.