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"China is already the largest market for electrified vehicles, offering us unprecedented opportunities to develop new types of traction motors, which are the most important element of an electric vehicle's powertrain," he said.

"Challenges still exist including changes in the external environment and corporate financing difficulties. However, these will not change the stable and positive trend, and financial risks are controllable as China's macro-control policies will gradually take effect," noted Zhang.

"China has always been the fastest-growing and biggest potential market for Steinway. It is also the market that we have been investing most heavily in," she added. "After being here for about 20 years, we are finally at a phase of stable growth every year. We think it is the right timing."

"China has a complete industrial chain and optimized economic structure, and is one of the fast-growing markets across the globe. The rigorous prevention and control measures domestically have facilitated economic recovery since the COVID-19 pandemic, which boosted the surge in domestic and foreign trade," Gu said.

"But we are also talking to our Chinese and Russian partners, we are talking with Britain’s AstraZeneca - literarily everyone in order to get the vaccine as soon as possible and provide ourselves with at least 1 mln doses by the yearend for medical workers, the army, police, miners and public utilities," the Serbian leader said.