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As one of the largest and most influential sci-tech fairs in China, the CHTF has played an active role in enhancing sci-tech innovation and driving economic development. This year's fair will last until Nov 15.

As manufacturing and service activities picked up, analysts generally pointed to a recovering economy thanks to a series of supportive policies from the government since last year.

As important representatives of developing nations and emerging market economies, China and India, said Xi, need to come together to safeguard free trade and multilateralism, and protect the legitimate development rights of developing countries.

As it is still uncertain as to how long the epidemic will last, there are both optimistic and pessimistic outlooks in the market. But the average estimate is that the pandemic will likely last for about two years. The recovery of the world economy will go on amid the combat against the epidemic.

As of April, the accumulated direct investment from China in South Asia exceeded .8 billion, making it one of the most important sources of foreign investment for South Asian countries, Gao said.