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"Free trade will be good for the Asian region supply chain, which is already tightly integrated," said Ben Simpfendorfer, an economist and CEO at Silk Road Associates in Hong Kong. "Free trade will initially benefit established countries, like Singapore, Malaysia and Vietnam. The frontier markets like Myanmar might still have challenges."

"Fiscal stimulus after demand shocks tends to be especially powerful when the economy has unemployed resources and monetary policy is accommodative," said John Bluedorn, a deputy division chief in the World Economic Outlook Research Department at the International Monetary Fund.

"Global investors have invested trillion in securities according to the ESG principles, whereas Asia only accounts for a small fraction of the total investment because of the lack of ESG awareness and little client demand for ESG investing in the region," she noted.

"Forty years after the beginning of China's reform and opening-up, China's supply chain, manufacturing chain, as well as its talent pool, have probably grown to the top position in the world," said Wu Peng, general manager of marketing and sales at Dreame Technology, a Tianjin-based company that specializes in smart household appliances."Along with the development of these basic infrastructures, Chinese brands have become very competitive in the world."

"Foreign investors, just like foreign players in Chinese football clubs, will not only bring advanced skills and management expertise to China but also will help the country's domestic players to improve their ability in the end," said Li, a member of the 13th National Committee of the Chinese People's Political Consultative Conference.