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"Different from traditional financial services institutions, customers can apply for loans just through the internet, which has greatly improved efficiency and convenience for them," Zhang said.

"Despite increased bond issuance quotas, local government debt continues to rely on local government financing vehicles－in effect specialized local government-owned and State-owned enterprises－to fund a significant portion of their infrastructure investment," said Fang.

"Delayed employment is not that intimidating. Chinese university students have learned a lot from books but lack practice. Most of the graduates choosing to delay employment are hoping to increase their social experience," said Guo Sheng, chief executive officer of Zhaopin.

"Despite facing a major crisis of its own, it has given every support to the global community－from releasing the genetic sequence of the virus at the earliest opportunity, to sending medical teams to Italy. I really do hope that when this is over, it will remove some of the misconceptions and bias against China that exist in the West."

"Despite signs of recovery in the second quarter of 2020, the market took a wait-and-see approach in pursuing PE/VC deals," said Wilson Chow, PwC global TMT industry leader.