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As soon as the epidemic reaches an inflection point, the capital market will also rebound and truly reflect the economic outlook, he said.

As the winner, Criam picked up a prize of 10,000 euros (,430), but Crespo said he values more the opportunity to participate in a two-week roadshow across China next month, where Fosun will introduce Criam to its own network of Chinese partner investors.

As the world faces the rising tide of anti-globalization and protectionism, as well as a worsening global climate situation, China has sought to provide alternative solutions for addressing these problems with an emphasis on equality, fairness and inclusiveness when working with other nations.

As the fixed-income research team of CICC predicted, there is high possibility for the global interest rate to hit another historic low. Global capital has been withdrawing from risk assets and flowing into the bond market. In this sense, the Chinese bond market which promises higher yields is more attractive to investors.

As the US government plans new control measures of semiconductor exports to Huawei, the Chinese tech company risks losing access to Taiwan Semiconductor Manufacturing Co for production of its self-designed chips.