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"China has obviously managed the pandemic better than other economies so far. It has a lot of domestic space to be able to manage a strong recovery. A lot will depend on policy choices. But we believe that China has the opportunity to seriously expand its domestic economy," Richard Kozul-Wright, UNCTAD's director of the division on globalization and development strategies, was quoted by Xinhua News Agency as saying.

"By exposing Cathay to healthcare and us to innovation in a global context, such an investment will be beneficial to us in the future."

"China has aimed at science and technology innovation and added R&D investment for years, which aligns with S&T breakthroughs. However, there is no direct link between R&D investment and the increasing number of patent applications. China's great input－such as in aerospace and military industry－is hardly apparent in the patent numbers," Zhang said.

"China needs to make a big push to unleash its huge domestic demand potential, move up the industrial and value chain and drive digital transformation," Wang said. "To better satisfy the need to upgrade, China should also focus on driving industrial innovation, improving the industrial support system and cultivating high-quality talent."

"Can you change at age 76?" Jonathan Zogby, CEO of Zogby Analytics, a polling and market research company in Utica, New York, said to China Daily. "He will have to be 'Scranton Joe 2.0', stay on message, not be combative and show humility. That's the challenge."