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"Chinese companies have been investing large amounts of capital in Belt and Road projects. If Chinese stock exchanges forge good cooperation with local exchanges outside China, or own stakes in them, it will help such projects to access finance through local exchanges," Dong said.

"Competition in the retail market has been intensive and independent oil companies are also expanding their retail networks to compete with the State-owned ones," she said, adding that Sinopec's retail volume fell 3.47 percent year-on-year in the first quarter.

"China's capital market is now not mature enough to shoulder such a responsibility, making accelerated capital market reform and opening-up imperative," Hong said.

"Consumers will only come out and take off their masks for a cup of tea if the epidemic has been contained. The crowded bubble tea cafes are proof that everything is getting back on track," Huang said.

"Coffee business is among the four high-growth food and beverage categories of Nestle. We continue to invest and see a great opportunity in our coffee business," said Altug Guven, senior vice-president of Nestle's coffee business unit in China.