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"China continues to be a growth market with attractive prospects for Clariant. This investment will be of great benefit to our company's positioning and customer proximity in the entire region," said Hans Bohnen, COO of Clariant.

"China hopes the two sides can follow the agreement, implement relevant content, enhance market confidence, improve the bilateral economic and trade relations and promote global economic growth," the commission said.

"China is an extempore reference for any developing nation around the world about how a nation ... can move forward in the implementation of its development plans," said Lenni Montiel, deputy regional director of United Nations Development Programme's Regional Bureau for Latin America and the Caribbean.

"But on the demand side, the overseas pandemic situation may still exert an influence on China's exports," Chen said. "It will take some time for overseas orders to be restored."

"China is an important market for us. It has gained momentum in mobile internet development, which is crucial for marketing success in the country," said Doug Choy, head of inventory partnership at North Asia, The Trade Desk.