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"China provided the volume push we needed in that difficult year," Seitz said, adding "we want to continue to lead in China, the market of the future."

"Complicated disputes and those that demand litigants to offer abundant evidence still need to be postponed during the epidemic," he said, calling for courts nationwide not to file new cases during the period, "because a new filing means litigants and their attorneys should go out to discover evidence, which is not good amid efforts to prevent and control the disease".

"China's steady banking and insurance sector is serving the real economy more efficiently and effectively," said CBIRC spokesperson Xiao Yuanqi.

"Compared with its rivals, VIPKID has gained a lead. However, it faces some challenges in that the company is trying to expand its business to small-size private classes," he said.

"China's new energy vehicle industry, as well as the power battery sector, has evolved into a stage where there are rivalries in technologies and resources," said Zhang Xiaofei, president of Shenzhen Gaogong Industry Research Co Ltd, an industrial analytic company, specializing in batteries, e-vehicles and new materials.