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"China has demonstrated a strong willingness toward de-risking," said Nicholas Zhu, vice-president and senior credit officer at Moody's Investors Service. Zhu said global credit ratings agencies are keeping a close watch to see if financial leverage increases due to the stimulus measures for curbing downside pressures on the economy.

"China is a country with a high savings rate, which currently stands at 46 percent, and the large amount of savings is transformed through banks into corporate loans, which is likely to drive up the leverage ratio."

"But there is no doubt that digital currency is the currency of the future, and it should be managed under some regulatory frameworks," he added.

"China is putting more focus on quality and sustainable growth driven by industrial upgrades and structural transformation, all powered by innovation. We believe this direction will make a significantly positive impact and generate tons of opportunities," Gibbs said.

"But such merits are selectively ignored in many debates," Ban said, adding that he hopes Asian countries and business leaders can work together in the context when the world is facing such long-term challenges and near-term uncertainties, so as to give hope to the world and become a global growth engine.