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"Egypt has become an investment attractive state because our local currency has become very encouraging for investors, the raw materials are mostly available and cheap, and the new investment law has been approved to facilitate business establishment," she added.

"Despite the threat of the pandemic, most of our employees working overseas have chosen to stay where they are, standing together with the local people and helping each other," said Ren Hongpeng, vice-president of China Railway Group, which is also known as CREC.

"Department stores are still sitting on huge opportunities for growth. The key is to find ways to change. The faster the retailers adapt to people's changing consumption behaviors, the more likely they can grasp the initiative of the fierce competition," Guo said.

"Faced with the mounting downward pressure of the economy, it is important for the government to shore up the confidence of entrepreneurs. To enable their further participation in policy making will help ease their worries," he said.

"Everybody else will have to do their share; they cannot leave this issue to China alone," Cui said.