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"Chinese consumers are becoming increasingly sophisticated. It is an opportunity that we can not afford to miss out on," she said.

"China's overall financial conditions have remained broadly stable," said the IMF October 2018 Global Financial Stability Report, although deleveraging has also led to tighter financial regulation and less favorable credit conditions for weaker borrowers.

"Creating a business environment with more respect and protection for intellectual property is going to be very important. We can engage much more, with a higher safety level when intellectual property is better respected here," said Christiansen.

"Chinese people have benefited a lot from the reform and opening-up, but they should not rest on the laurels of 40 years ago. Rather, they should work even harder to face new challenges," said Jin.

"China should further improve the detailed rules of supporting policies for private enterprises, so that some impractical rules can be eliminated," said Huang Li, a member of the 13th National Committee of the Chinese People's Political Consultative Conference, during the ongoing two sessions.