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"China's door of opening-up will never be closed. It will only open still wider," he said.

"Currently, the network signal is able to cover an area with a radius up to 1,000 meters surrounding the Sonam Dargye protection station," said Sun Ru, marketing manager with Shenzhen-based Sky Sea World, one of the technology companies that offered help.

"Cube draws great interests and good feedbacks from system integrators, governmental authorities," said Hans Yu, founder of Counect International. The device has been used by the Malaysian government to monitor sales and taxation in addition to utilization in more than 60 Chinese cities, added Yu.

"Consumption remains the main driver of growth, contributing 60.1 percent of China's economic growth in the first half," said Tang Jianwei, chief researcher at the Financial Research Center of the Bank of Communications. "The key is to use measures to strengthen the weak links and improve people's incomes. There's certainly a lot of room for growth in consumption."

"Countries in East Asia and the Pacific that were already coping with international trade tensions and the repercussions of the spread of COVID-19 in China are now faced with a global shock," said Victoria Kwakwa, Vice President for East Asia and the Pacific at the World Bank.