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"China is firmly confident that its economic fundamentals will remain sound in the long term and the Chinese economy will keep growing at mid and high speed toward becoming a medium and high-end economy," Lu said at a regular news conference in Beijing.

"China has been a staunch supporter and defender of globalization," he said. But globalization in the post-COVID-19 era may require changes to address inequality, environmental degradation and social issues, he added.

"Canadians don't understand really how much adulation and the friendship Chinese people have for Canada because of Norman Bethune, and they don't recognize that Norman Bethune did those things. They are all still discovering what he did mean (to us)," says Cheri Bethune.

"China is one of the most dynamic markets, where enterprises are pushing forward digital transformation, creating abundant growth opportunities," Microsoft CEO Satya Nadella said at a forum earlier this year, without disclosing specific investment figures.

"China first and the rest of the world next," Glaser said explaining the company's overall strategy. "The primary market for our new products is in China and then we will take it as a starting point to expand our businesses to other parts of the world."