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"China will not close its doors and will open even wider," Xi said, adding that foreign companies will find China's market "more open, more transparent and more orderly". The large population remains a bonus of China's economy and Chinese market potential is great, he said.

"China's economy will steadily regain momentum over the next few quarters, ending 2021 around 6.7 percent, above the level in the fourth quarter of 2019," said Madhavi Bokil, an analyst with the Moody's Investors Service. "This year, we forecast that China will be the only G20 country to post (positive) growth."

"Cross-border capital flows should be monitored by the Chinese monetary authority next year to prevent unexpected fluctuations, which have happened in some emerging market economies this year," said Wang Shengzu, co-head of the Investment Strategy Group Asia at Goldman Sachs Private Wealth Management.

"China's financing support to Africa is mainly invested in infrastructure construction and the field of production, which has greatly improved the environment for Africa's economic development, added to its appeal to foreign investment and enhanced its capability to achieve self-driven development," she said.

"China will push for the development of energy-saving, environmentally friendly agriculture, expand pilot programs to replace chemical fertilizers with organic alternatives, and speed up efforts to utilize agricultural waste," he said.