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Apart from China's improved business environment dominated by the market economy, the nation's comprehensive advantages based on efficiency, labor quality, resources and digital and physical infrastructure will continue to help the nation attract investment from global companies over the long term. Backed by its institutional advantages, impressive mobilization ability and industrial system, the country's epidemic prevention and control work fully demonstrates China's strength in overcoming difficulties. This will play a key role in attracting foreign investment in the future.

Another US-listed Chinese education stock GSX Techedu Inc also registered losses this week. The company recently reported a tenfold growth in earnings for 2019, but a short sell report in February questioned its financial integrity.

Apart from compensation and incentives for replacing outdated capacity with clean and effective capacity, the authorities should adopt more proactive policies to help axed capacity make arrangements for staff deployment, assets and properties transactions, and debt handling, according to Wu Lixin, deputy director of the strategic planning research department at the China Coal Research Institute.

Anna Marsden, managing director of the Great Barrier Reef Foundation, said the results achieved by the Southern Cross team were an important step but should not deflect attention from the need to address climate change and its impact on the reef.

Another priority will be further deepening international cooperative mechanisms for certification and accreditation under the Belt and Road Initiative, Liu said. More recognized certification and accreditation will be boosted in fields such as cross-border e-commerce and low-emission products, he said.