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"China needs to continue its opening to the world, including important programs like the Belt and Road Initiative, while also promoting domestic-based growth to improve people's livelihoods and living conditions," said Sachs, who is also a senior United Nations advisor.

"China is a country really heavily investing in its talents. And because the credential is globally recognized, it shows China's openness of business to the rest of the world," he told China Daily.

"But the science is clear and the evidence irrefutable: mask-wearing, social distancing, and limits to social gatherings are vital to helping prevent transmission of the virus," he said.

"China has enough policy reserves of conventional measures and does not need to follow some advanced economies to enact nonconventional measures, such as zero interest rate or even negative interest rate," said Dong Jinyue, China economist of Banco Bilbao Vizcaya Argentaria, a Spanish bank.

"China has invested billion in Texas since 2000. That's a good and strong indication that if we want to grow and to develop, we need to look to China," the mayor told China Daily at the summit. "I met a lot of people at the summit, including representatives from Suzhou."