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"But what's really unusual is the nature of the crisis, driven by a deadly virus. This is the first time in several generations that we've seen a global economic downturn driven entirely by a social challenge."

"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 patient. It is one of its great strengths," said British scholar Martin Jacques at the International Forum for Open Global Economy. "China's rise has been remarkably peaceful in a way that the equivalent rise of the US, the UK, France, Germany and Japan, was not. They all fought many wars of expansion: China has not."

"China calls on the relevant parties to exercise maximum restraint, do the utmost to return to dialogue and consultation without delay, jointly work for the de-escalation of tensions and uphold the JCPOA(the Joint Comprehensive Plan of Action)," said Zhang, referring to the nuclear deal struck between Iran and world powers in 2015.

"China doing better in 2020, is very important for China. It is also very important for the rest of the world given China's share in the world economy," the IMF chief emphasized.