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"Compared with the policies allowing foreign banks to set up branches in China, in addition to wholly owned subsidiaries and joint-venture banks, or remove caps on foreign ownership in Chinese financial institutions, we pay higher attention to the policies that expand the business scope of foreign banks," he said.

"Currently the rules are very much what I call unfair to China. They allow countries to slap tariffs which are far greater than anyone would reasonably argue are appropriate," said Yukon Huang, former World Bank country director for China.

"Chinese companies need to target strong, not troubled, companies. Sometimes, Chinese companies acquire French firms that are in serious trouble. It's almost impossible for Chinese managers in China, which is so far away from France, to fix the problems.

"Chinese consumers have shown growing awareness of their health conditions since the outbreak of COVID-19 earlier this year, and they have indicated a higher recognition of TCM. Besides, the government is increasing its support of the TCM segment ahead of the country's Healthy China 2030 initiative," he said.

"China will continue to resolutely support the Caribbean countries in their fight against COVID-19," said Zhao, adding that China will share its anti-epidemic experience and treatment plans, provide medical supplies and technical assistance, and facilitate their procurement of medical supplies from China.