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"Especially during holiday and festive periods, we performed even better," Andreetta said. He added that even though the international situation might affect certain industries like import-export, the outlook for regional tourism in China is optimistic as demand for holidays as a means of escape and to explore new experiences was constantly increasing.

"Don't underestimate the trauma that this has created for people," New York Governor Andrew Cuomo said at his May 17 news briefing in regard to the strain COVID-19 has had on people's mental health.

"Driven by innovation, the group will enhance its research and development and promote the upgrading of China's energy chemical industry, as well as deploy more resources to develop new materials for producing new energy vehicles," said Ning.

"Europe is China's largest trade partner and one of the most preferred investment destinations for Chinese investors. Sino-European trade and investment will continue to grow steadily. Although the Chinese system of auditing, accountancy and financial advisory differs from that in Europe, Zhongshen Zhonghuan will take full use of the active linkage with Mazars and other member firms to provide professional support to clients worldwide, and further achieve a win-win situation," said Philippe Castagnac.

"Economic activity and employment have picked up in recent months but remain well below their levels at the beginning of the year," the central bank said in a statement.