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India's annual imports from China are valued at billion, and SBI will focus on trade finance activities for a business of up to billion. Toward this end, it is in talks with the AIIB, the NDB, China's Exim Bank and the China Development Bank to jointly offer project finance and refinance services. Indian joint ventures in China as well as Chinese subsidiaries of Indian companies are expected to benefit, which in turn would help cement bilateral trade ties, he said.

Industry pundits have noted that there is a major and irreversible shift in how Chinese people engage with activities when traveling abroad.

Information is flowing from all over the world every minute, and it's difficult to handle all it, said Cherkesova. Under this condition, priorities go to newspaper, magazines, internet publication, through which people obtain required and reliable information. During the COVID-19 pandemic, the reliability of information is especially important.

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Inclusion factor of 238 large-cap A-share constituents in MSCI indexes will increase from 5 percent to 10 percent, while another 26 A shares will be added with a 10 percent inclusion factor. [Photo/IC]

In this regard, the city has welcomed the policy boost offered in the blueprint to support the city piloting further reform issued recently by the general offices of the Communist Party of China Central Committee and the State Council, which gives Shenzhen more autonomy in its approval of land use.

Increasing pressures

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In this context, Panagiotakis welcomes as a "positive development" the purchase of a 24-percent stake of power grid operator ADMIE by China's State Grid which was finalized this June following an international tender.

Industry insiders have pointed out that the sales of fitness-based video games and other digital facilities have brought the industry tremendous development.

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Increasing the tech talent pool is a high priority for Amazon and other big tech companies, which face a shortage of labor with skills relevant to the industry. It’s also a priority as Amazon searches for a city to open a second, “fully equal” corporate headquarters in North America.

In this context, "Asian countries must lead in global economic governance because they are the focus of the world's attention. They are the ones that have to deliver," he said.