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"Carrefour is seeing more recovery lately, as they are making efforts to move from (a) hypermarket only model to a multi-format strategy by opening more Easy Carrefour and launching compact hypermarkets," said Jason Yu, general manager of Kantar Worldpanel. However, on e-commerce, Walmart and RT-Mart are likely to get upper hand with the JD and Alibaba alliance," he said.

"China is the first country to control the pandemic. It suffered economic losses in Q1 because it preferred the lives of its people over the economy by imposing strict lockdowns. The lockdowns paid off and China not only succeeded to control the disease but also managed to stop the second wave even after restoration of normal life and business activities in the country."

"China is in a very different place today than it was some decades ago and is now in a position of global leadership in the technology sector. That's at the core of China's growth model," said David Firestein, inaugural executive director of China Public Policy Center in the University of Texas at Austin.

"Canton fair is well-known in Ukraine and it enjoys a great popularity. According to various calculations, each exhibition is visited by about 2,000 representatives from Ukraine. I believe the upcoming fair will be visited by the equal or greater number of participants," Gennady Chizhikov, the president of the Ukrainian Chamber of Commerce and Industry, said in an exclusive interview with Xinhua.

"China has always been a strategic market for CNH Industrial both for its size, as well as the potential for future growth…We will keep introducing the latest technologies and products that are customized to meet the demands of Chinese customers and provide them with the best in class service to maximize their productivity and efficiency," said Stefano Pampalone, president for Asia, Middle East, and Africa at CNH Industrial.