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"China and Asia can probably expect more of Trump's wild swings between rhetorical confrontation and cooperation," she said.

"China aims to tackle the problems of inequality, exclusiveness and inefficiency in the previous globalization process and provide better global governance products for the world," said Fan Yongpeng, an associate professor with the China Institute of Fudan University.

"China is ahead of the rest of the world in terms of being impacted by the coronavirus. Having taken containment measures with a huge drag on growth in their first quarter, they are now stepping up production," Georgieva said.

"China and ASEAN are biggest trading partner to each other," he told Xinhua in an exclusive interview on Wednesday. "China's further opening up will provide bigger market for the world, especially neighboring countries in this region."

"China is making enormous investment in academic infrastructure to build up research capabilities, and that investment will pay off," he said.