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"China's economy will steadily regain momentum over the next few quarters, ending 2021 around 6.7 percent, above the level in the fourth quarter of 2019," said Madhavi Bokil, an analyst with the Moody's Investors Service. "This year, we forecast that China will be the only G20 country to post (positive) growth."

"China will push reform and opening-up more actively, and deepen State-owned enterprise and asset as well as fiscal and financial reforms to implement major opening-up measures previously fixed," said a statement released after a meeting of the Political Bureau of the Communist Party of China Central Committee, presided over by Xi Jinping, general secretary of CPC Central Committee.

"Chinese people do not make trouble, but we are not cowards when involved in trouble," Hua said, adding that any attempt to interfere in Hong Kong affairs and China's internal affairs is doomed to fail.

"Currently, the country is rolling out the list of key protected enterprises amid the prevention and control of the epidemic," Gao noted. "We've recommended several key logistics companies to be included in the list. And then financial institutions will be able to offer those firms loans with discounted interest."

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