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"China's [government] press releases not only provide adequate information for the public and increase the government's credibility, but also help the international community better understand China," said Jiang Jianguo, director of the State Council Information Office (SCIO), at the China-CEE Countries Spokesperson Dialogue.

"Clarifying the responsibility helps draw more under-age people into the volunteer team," Mao said.

"China's supply-side reform has reduced overcapacity in the steel industry by closing down those with issues of pollution and outdated capacity while controlling new capacity construction, and helped reduce steelmakers' debt levels. But we expect the government will continue to fortify the results of the supply-side reform and focus more on upgrading the steel industry."

"China's macroeconomic policy tools are adequate," Sheng Songcheng, former head of the statistics and analysis department at the People's Bank of China, the country's central bank, told China Daily on Sunday. "Proactive fiscal policy will play a major role, while prudent monetary policy will be used to coordinate the fiscal policy."

"Current domestic output is more than sufficient for China's requirements, including for real estate and infrastructure projects," Xu said, adding that Chinese companies are now looking to expand their footprint in overseas markets.