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"Certainly, first and foremost, it is getting on top of the virus and getting people back into a more normal pattern of work, but the social safety net was also extraordinary," Winters told CNBC's Geoff Cutmore on Wednesday.

"China is changing at a very fast rate. There are a lot of new opportunities and new ideas that come out to do innovation, which is sometimes technology-driven, but it is sometimes business-model-driven. There is a lot of innovation," he says.

"By opening further to foreign investors, we are not just providing them with opportunities to enter the Chinese market. We are also providing opportunities for the financial sector to upgrade and to improve its quality on a level playing field," he said.

"But, certainly, we see the tremendous amount of opportunity and growth on a long-term basis. So, it would not deter us from our investment here in China."

"China has endeavored to liberalize and facilitate trade and investment, safeguarded the dispute settlement mechanism, fully participated in trade policy review, and vigorously supported the integration of developing members into the multilateral trading system," Wang said.