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"China's traditional values and thinking, especially the spirit of poetry that celebrates romanticism, are well-received worldwide," he said.

"China's quick victory" over the COVID-19 pandemic "put the Chinese economy in a better situation than the rest of the world," said William Jones, Washington bureau chief of the US publication Executive Intelligence Review, adding that by maintaining its productive capability, China will not only benefit its own economy once the pent-up demand is released post-pandemic, but also provide "a lifeline" for countries that have "maintained the production lines in China."

"China will also expand domestic demand to improve the quality of supply side and stimulate consumption potential, and at the same time, accelerate the development of new consumption formats and actively expand effective investment," Xin added.

"China's economy, despite downside pressure, is likely to remain steady this year, as external headwinds may ease in the coming months and the effects of countercyclical macroeconomic policies gradually appear."

"Chinese short video apps have received a boost in recent months, with a particular focus on overseas markets," Dai said. "For instance, Douyin and Kuaishou have become popular in Japan and Southeast Asia, respectively. I expect they will see more downloads and revenue coming from overseas markets in the near future."