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"Connection networks" and "protection umbrellas" must be eliminated, while more efforts should be made to strengthen buildups in grassroots political structures and legal systems, State Councilor Guo Shengkun, head of the Commission for Political and Legal Affairs of the CPC Central Committee, said in a teleconference on Tuesday.

"China's economy has reached a point where it cannot be adversely affected by trade protectionism of the certain country. China now has the largest foreign exchange reserve in the world," Cairo-based economic expert Abu Bakr al-Deeb told Xinhua.

"Chinese startups are gearing up to change the game of starting a business abroad. This is the right time for Chinese startups to venture overseas," said Zhou Wei, founding partner of Beijing-based CCV.

"China's PE market will reembrace diverse opportunities after the epidemic. Similar to the SARS (severe acute respiratory syndrome) outbreak back in 2003, investments started to rebound in the fourth quarter of that year," said Li Chenghuan, partner at global management consulting firm Bain & Company.

"Chinese mobile games have built an advantage in emerging markets, while they are still at the initial stage in developed markets," Dai said. "Now Chinese publishers need to pay more attention to developed markets and increase investment accordingly, as there remains considerable room for revenue growth in these fast-growing markets.