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"CIIE reflects the Chinese government's determination and commitment to continue to further open up its market to the world, and to continue to forge relationships to build a successful and long-term international trade model," said Ken Murphy, executive vice-president of Walgreens Boots Alliance, which operates retail pharmacy, health and daily living stores across Europe and the United States.

"China enjoys close communication and cooperation with the WHO, and updates the WHO in an open, transparent and responsible manner. After the outbreak of COVID-19, China immediately reported to the WHO, shared with it and the international community the genetic sequence and China's prevention and treatment experience without reservation," said the ambassador.

"But the think tank could be some time away," he added.

"China is a major factor in the international economy; no one can really imagine international growth that is sustained without Chinese economic growth," said Rice, who also has served as US national security advisor.

"China is now a big continental economy, and even within China itself the stimulation of domestic consumption and the continual upgrading of many aspects－infrastructure, environment, as well as better provision of healthcare, housing, education－all these will be major drivers of growth for China in the years ahead," he told Xinhua News Agency.