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"China has done remarkably well," said Wei Sun Christianson, chief executive of Morgan Stanley China and co-chief executive of Morgan Stanley Asia Pacific, at the Fortune China Most Powerful Women summit in Shanghai on Dec 10.

"China is determined to be at the forefront of this change, with the announcement plastic bags will be phased out in major cities by year end just the latest development. As the BRI continues to evolve, I expect sustainability to be a driving force for its growth and expansion in the decade ahead," Wong said.

"China market has bounced back from the impact of COVID-19 better and faster than we have expected, which provides huge opportunities for us. China market is now expected to be our fastest growing overseas market," added Hitchcock.

"By threat of sanctions, confiscation of assets on US soil and other economic and political measures directed against Hong Kong officials and other Chinese officials, the bill seeks to determine which laws the Chinese city will legislate..." he said.

"China highly values the meeting. Premier Li, together with the leaders, will discuss cooperation－especially in key areas including water resources, interconnectivity and public health－in order to enhance the wellbeing of people in LMC countries and promote regional peace, stability and prosperity," Zhao told reporters at a regular news briefing in Beijing.