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"Citizens should not leave the city when it's not necessary," she said. "The outbound travel should continue to be suspended and large-scale event should not be held."

"China, undoubtedly, has played a crucial role in our global business and is expected to get into a fast-growing period in the coming years," he added.

"China's strengths are mainly shown in AI applications and it is still weak on the front of core technologies of AI, such as hardware and algorithm development," the report noted. "China's AI development lacks top-tier talent and has a significant gap with developed countries, especially the US, in this regard."

"Chinese parents realize that it will benefit their kids more if they start to learn English as early as possible," said Cao Wei, general manager of Firstleap Education, a subsidiary of TAL Education Group, a domestic education and technology firm.

"Chinese bearing companies should have the confidence in producing high- and middle-end products."