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"Currently, Ingenico China is mainly focused on the retail and travel business, and it is set to look for more business opportunities in games, the sharing economy, overseas education and other promising sectors in the future."

"China was going very fast, and the emphasis was on the rate of growth. In the new era, China will grow more slowly, but the emphasis would be on the quality of growth," Thornton said, adding that this is a good sign of economic maturity.

"China's export performance is indeed a proof of its solid status as the world's factory," Bloomberg quoted Yao Wei, China economist at Societe Generale SA, as saying. "It is reliable, as the quick and effective containment of the outbreak in China allowed its manufacturing sector to resume operations way ahead of others."

"Chinese companies also should be aware that some countries already have trade protectionist measures to help their own companies, which may pose problems for machinery exports from China this year," said Zhao.

"Consequently, sanctions lifting commitments under the JCPOA continue to apply," he said.