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Apart from solving the technology challenges, there are a number of other concerns that are yet to be solved such as managing risks and improving efficiency, according to Di.

Another helping hand comes from the foreign trade front. As China and the United States have signed their phase-one trade and economic deal, the market uncertainties as a result of their previous disputes have gradually eased. And the world economy is expected to improve this year, which will jazz up demand for Chinese products, according to estimates by major international organizations.

Another important precondition for adequate supply of funds in 2020 is a stable stock market, which in turn entails a better rule of law in the market. Given the current speed of law-based reforms, China's A-share market may welcome an inflection point, or upside potential, in 2020.

Antonio Villafranca, research coordinator and co-head of the Europe and Global Governance Centre, Italian Institute for International Political Studies, speaks via video at the Global Think Tank Webinar -"Stronger together: Global recovery from COVID-19" in Beijing on July 29, 2020. [Photo by Feng Yongbin/China Daily]

Anne Petterd, head of international commerce and trade for the Asia-Pacific region at the law firm Baker McKenzie, said: "Throughout the pandemic we have seen parts of towns and countries closing down and opening up again. The extent to which manufacturing, the movement of labor, transportation and demand have been disrupted has differed enormously between jurisdictions."