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"Continental is committed to providing mobility solutions and services to people and goods, and we see China as the market primed for services.

"China's ports have been playing a critically important role in fighting the COVID-19 outbreak in that they provide unimpeded and sustained gateway services, and help keep international trade moving," said Michael Han, China managing director of APM Terminals.

"Chinese government gives subsidies to both producers and consumers of EVs. It not only boosts EV sales, but also helps realize environmental protection goals," he said, adding that the government also encouraged EV producers to invest more on research and development.

"Continuous innovation is also needed, because the society is evolving at a very fast pace in China," Crozier said.

"China's overall strengths, including supply chain, opening-up in financial services, as well as talent in e-commerce, are so prominent that they (foreign businesses) are confident to invest here long-term," he said, based on a recent survey of clients about their attitudes toward China.