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"China accounts for one fourth of our market. We hope to cooperate with more local Chinese suppliers. The Chinese government also encouraged us to cooperate with more Chinese private enterprises," said Francois Mery, chief operating officer of Airbus Commercial Aircraft China.

"China always stresses that the financial sector should better serve the real economy, and now we have doubt about whether crypto-assets could support the real economic development or not," said Zhou, who agreed to strengthen policy coordination under the G20 framework.

"China is deepening opening-up and reform, with progress in production resumption as the epidemic is being controlled. As the internationalization of China's capital market is continuing, renminbi-denominated assets are attractive, which will provide the foundation for a stable foreign exchange market," Wang said.

"But there is no need to panic. The contraction in earnings of most industrial sectors should substantially narrow in the second half of the year as domestic demand recovers," Yang said. He also underscored the importance of offering more tax relief and financial aid to hard-hit exporters as well as small businesses.

"China has huge domestic demands, and has many friends and trading partners in the world, so the current disputes will have an impact on China's economy in a short term, but won't have disruptive influence," she said.