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"China's recovery is encouraging, but it is far from being a 'mission accomplished'," said Shaun Roache, chief economist for Asia-Pacific at S&P Global Ratings. "Stimulus-driven demand has not yet handed over to private consumption as the driver of growth and, until it does, China's recovery will remain unbalanced and vulnerable to shocks."

"Corporate income tax evasion in the region is especially acute," the agency said, adding that tackling tax evasion should be a priority, as the region lost 5 billion, or 6.1 percent of its GDP in 2018, due to tax noncompliance.

"Currently, when foreign investors enter Chinese market, they will find out that the hedging tools, financial derivatives and other financial products still need to further develop. The key task this year is to provide sufficient financial hedging instruments to let investors effectively manage risks," Yi said at the forum.

"China's closer trade ties with European economies like France and Germany surely can offset the worsening situation if Trump's administration continues to insist on neglecting many US companies' interests in China's massive markets."

"China's impressive economic development and Israel's innovative technologies are complementary to each other and present vast potential for mutual benefits," said Ophir Gore, head of the Trade and Investment Mission at the Embassy of Israel in Beijing.