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"By putting together well-talented and open-minded people we are convinced we can eliminate misunderstandings, promote positive ideas and bring about new projects. This is all the more important as our world is confronted with bursts of populism and protectionism."

"Canada's food trade with China is mainly grain, oil and other commodities. With China's import tariff cuts, we are selling more consumer products to China to catch up with the country's upgraded consumption habits," Leo said.

"By doing so, the bank will be able to control its nonperforming loan ratio actively, rather than dealing with the issue passively," Liu said.

"Catering enterprises generally don't have much assets in stock－to reserve cash for two-and-a-half months at maximum. That's why continuous revenue plays an important role," he said, adding how long before circumstances improve would determine the survival of many companies in the sector, especially small- and medium-sized firms.

"But not all have already or are projected to recover by next year. China is the only major economy that has recovered already to pre-pandemic output levels, thus its 8 percent growth rate will look high due to the low base this year," she said.