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"Central banks' balance sheets are expanding extremely rapidly as they buy up large quantities of public and private assets and increase their lending to financial institutions in their efforts to counter the damaging economic impact of the coronavirus," Fitch said in a report.

"China has demonstrated the endurance of its economy through the trade dispute," Zhao said, adding that disagreements in trade, technology and finance in the past have shown that countries can have trouble enduring such pressure if they don't have their own strategic advantages.

"China and Turkey work well in this region (Middle East) but this requires a strong strategy from our part (Turkey)," he added.

"But still, bilateral trade has been growing so fast. It has benefited both countries. As people do more bilateral trade and investment with each other and there is more and closer contact between each other, competition will also increase. This is just a fact," he said.

"China continues to be a fertile ground for companies with rapidly scaling revenues and innovative business models, which supports the capital market performance of Chinese companies," said Stephanie Tang, China head of private equity with Hogan Lovells, a global law firm.