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"Clearly it's a question of market size, growth rates and ease of doing business here," Ker Gibbs, president of the AmCham Shanghai, told China Daily.

"Compared to long-term growth of the overall market and certain sectors, active investing quite often records lower growth and yields.

"China, like a lot of Asian countries, has a culture where parents want their kids to go to university. What we have to do is create a narrative depicting how skilled jobs are a good and better career option, and how it contributes to the community," he said.

"China's economy has shown strong resilience for decades. This gives us full confidence that the impact of the epidemic on the economy is temporary and will not change the fundamentals of the nation's long-term economic growth," said Leon Wang, executive vice-president and international and China president of AstraZeneca.

"China welcomes the fact that the relevant parties have then come back to the track of consultation in seeking a solution and reached consensus on a technical renewal of the mandate," he added.