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"China has made remarkable progress in the construction of internet infrastructure in recent years and we have participated in several international projects, such as the international network of submarine optical cables, " said the academician. "We are willing to share our successful experience with the world to promote the building of a global internet infrastructure for enhanced connectivity."

"Cash reserves are running down quickly as fleets are grounded, and ... demand is drying up in ways that are completely unprecedented."

"But we should care about any cliff-style drop of credit in the future," or a sudden slowdown in credit growth, Hu explained, because large policy changes may lead to unstable expectations among investors.

"But the government should put forward specific measures to avoid increasing the burdens of private companies, especially those small and medium-sized ones.

"By participating in the CIIE, Ferrero would like to seize the opportunity of recovery to further consolidate its leading position in the China market and continue to fulfill its unwavering commitment to Chinese consumers by means of insistence on high quality and the pursuit of innovation," he added.