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"Going global is a top strategic priority for Didi," said Cheng. "Now we have employees on the other side of the earth. It takes two days for them to come to Beijing by plane."

"Fiscal policy has advantages compared with the monetary policy, as it can be targeted and temporary, with a short lag. Thus, fiscal policy is more appropriate and should play the lead role in dealing with the one-off short-term impact of the epidemic," said Zhang Bin, a senior researcher of the China Finance 40 Forum, a think thank.

"For European companies, the treaty will help create a better investment climate. It will also drive a more balanced economic relationship between China and Europe," Vinck said.

"Global cooperation in infrastructure, logistics and production capacity is the biggest highlight of the initiative," said Fang Qiuchen, president of the China International Contractors Association, which assists Chinese companies with construction business abroad.

"For many, cohabitation is not a substitute for marriage but is a taste of married life to see whether they enjoy it or not. Roughly 60 percent of the survey respondents cohabit for no more than half a year, and then some break up," Shen said.