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"Chinese companies will have better access to the global market by showcasing their products online, given that the COVID-19 pandemic has already cast a shadow over global trade," Wu added.

"China's overall economic situation is good from the perspective of historical development," Stoffels said, "so there is still a lot of potential in the automotive industry."

"Choosing the same vendor will help simplify the architecture and management complexity and ensure consistent user experience," Dai added.

"China's current account is now broadly in line with fundamentals," said Gita Gopinath, an economist at the IMF. "The (current account surplus) decline reflected a combination of structural factors and expansionary credit and fiscal policies, but also greater exchange rate flexibility and the associated real appreciation over the last decade."

"China should stick to its established goal of further opening-up in a timely manner," he said, adding that a higher level of opening-up will effectively promote trade and investment and facilitate further economic integration between the world's two largest economies.