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"Consumer habits have rapidly changed and internet-based industries and companies have expanded in recent years", he said, adding Epson sees a huge potential for growth in third- and fourth-tier cities of China.

"Collaborations like this are very critical, because together we'll be able to get there faster," said Hua. "I think American startups certainly should be going to China to exploit the opportunities to get funding or partnerships."

"Considering the rising financial risks in the post-COVID period, it is not a good time to fully open the RMB capital account," said Wang."The financial derivatives market for risk prevention is imperfect. Risks in the international financial market may be exposed in the future given the impact of the pandemic."

"Chinese companies think bigger. One notable thing is that when doing business in China, we get direct feedback from companies and leverage those suggestions to improve our businesses worldwide," Kaniel said.

"Compared to Western consumers, the Chinese are more willing to accept intelligent home facilities, which will absolutely help the development of smart home in China," said Ma from Mintel.