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"China's refining industry has become a grand stage for State-owned, private and foreign enterprises to compete fairly and achieve win-win cooperation," Li said.

"Chinese companies looking to acquire beyond China's borders focus on winning at home and exporting abroad, which enables them to strengthen their domestic competitive stance while simultaneously positioning for global expansion, especially in other developing markets," Leung said.

"Clearly we are tackling challenges and ramping up our business," Goller said. "Unprecedented crises like this require decisive actions and leadership, and this is precisely what China has demonstrated over the past weeks and months."

"Current indicators suggest China is especially suited for widespread adoption of autonomous vehicles," said Ting Wu, partner in McKinsey's Shanghai office and co-author of the report.

"Creative products of museums have largely been a foreign concept and do not have a long history in China. Though many museums and galleries have been selling and developing products, they were more like souvenirs and not real cultural products," said Gao Yang, head of the art innovation center of the National Art Museum of China.