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"China has always been conducting favorable policies and it will further enhance its appeal to foreign investors, thereby combating the decline in advantages China used to have and the fierce competition for foreign investment from other countries," he said.

"China is the third-largest pet-owning country in the world, and China's pet industry is growing rapidly," said Christoph Vetten, head of Bayer Animal Health Greater China, during the launch of its flea and tick collar product Seresto in Beijing in March.

"COVID-19 is the single greatest catalyst for change in the industry in a generation, forcing our customers to reassess their priorities, but the global lockdown itself has not started any new trends on its own," said Sami Atiya, president of ABB's robotics and discrete automation business.

"Children's facial structures can be unique," said Stephen Shafer, president of 3M Greater China Area. "So our job is to make respirators to fit their faces that come in different sizes, otherwise the respirators won't work."

"By doing that, we are opening the door for the smaller customers in China that cannot have access to foreign currency to buy iron ore," he said.