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"Currently, 95 percent of our 4S stores have reopened except those in Wuhan and Xiaogan," said Liu Hong, vice-general manager of Dongfeng passenger vehicles assembly shop.

"China wants to be the leader, not the follower in the generation of 5G," said Richard Yu, the CEO of Huawei's consumer products division, who made the speech. "We were late in the 3G development, but we caught up with others in 4G and will be the global leader of the ICT (information and communications technology) industry in the era of 5G."

"Chinese nuclear technology's deployment in a mature economy, such as Britain, symbolizes Chinese nuclear power industry's transformation from 'big' to 'strong'," said Zheng Dongshan, chief executive of General Nuclear International, CGN's London-based subsidiary.

"China's rapid growth to become the top filer of international patent applications via WIPO underlines a long-term shift in the locus of innovation towards the East, with Asia-based applicants now accounting for more than half of all PCT applications," said Gurry, in a video broadcast on the results of WIPO in 2019, and program highlights and challenges for 2020, including the COVID-19 pandemic.

"China will develop a stronger multi-layered capital market, which includes large stock exchanges, regional equity markets, private funds and venture capital funds, to better support the development of innovative enterprises," he said while highlighting the importance of daring innovation in the banking, insurance and securities sectors.