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"Consumers in the US and China are unequivocally the losers from trade tensions," the study said.

"China's digital economy has also contributed to the development of internationalization. In fact, not only is the government helping the world, China's private enterprise is also helping the world … the digital economy has had a huge economic effect not only on the domestic front but also in the international sphere, which is why it is important to strengthen its development," Huang said.

"China's twin cushions－foreign exchange reserves and extremely high domestic savings rates－provided it with both the resilience and policy space to proactively address major economic and financial threats, unlike more-vulnerable economies. This is increasingly important in a crisis-prone world," Roach added.

"China's economy has achieved high-quality growth and the country's internet and technology development has gained momentum thanks to reform and opening-up," Ma, who also chairs internet giant Tencent, said ahead of the opening meeting of the first session of the 13th NPC.

"Chinese President Xi Jinping's speech at the 2017 World Economic Forum at Davos is very important. He spoke very much in favor of globalization, cross-border cooperation, and about addressing shared problems. This is good for China's soft power," Dube said.