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"Considering the fact that the global economy is still in a sluggish recovery mode and trade protectionism is on the rise across the world, it is imperative for Asian countries to develop its own new growth engine. Closer and stronger economic ties between ASEAN and CJK countries cannot be fully reached without better people-to-people exchange. During this process, media exchange is undoubtedly one of the significant factors influencing mutual understanding and trust because media is still playing as the main source of information of other countries. Communication is the most important and effective means to harmonize or reconcile existing gaps and building trust among different perspectives," said Lee Jong-hein, secretary general of Trilateral Cooperation Secretariat.

"Currently, the European Union has the world's biggest carbon-trading system, but China's emissions market being established is more than likely to replace the EU to become the world's biggest one," Vicky Pollard, environmental counselor in the EU delegation to China, told 21st Century Business Herald.

"China's sound economic fundamentals for long-term and high-quality growth remain unchanged despite the epidemic," he said.

"Consumption now remains the main driver of economic growth," said Tang Jianwei, chief researcher at the Financial Research Center of the Bank of Communications. "Due to rising Sino-US trade disputes, we are facing many external uncertainties. Therefore, we need to focus on boosting domestic demand. Considering the current levels of per capita rural and urban incomes and the proportion of consumption to the total GDP, there is a lot of room for consumption growth."

"China's development needs to be coordinated with the world's, and the best solution is to continue carrying out bold reforms and opening-up."