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"Buying appropriate Christmas gifts is also a difficult annual task for Westerners," he said. "And with the concept of a market economy getting into more and more Chinese minds, bigger and thicker red packets are just something that come naturally. After all, it's easier for people to measure the value of the gift if it comes in cash."

"China has made a lot of investment in the top-tier hospitals in urban centers. They have done a lot on medical research. The problem is that there are still great disparities," she says.

"But the epidemic outbreak ruined the plan and we had to stay at home," she said. "I introduced my parents to the online services a week ago, telling them that they can see anywhere they want online with free presentations."

"But we should not forget China remains an attractive market-with a large and skilled labor force, efficient infrastructure and deep integration into global value chains. It is an increasingly attractive market that all producers aim to capture."

"China is still seeing sporadic cases of COVID-19, which to a certain extent may affect the residents' confidence in consumption and the recovery in the service sector."