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"Financial risks have shown significant regional differences. In the future, we may see mergers and acquisitions of small and medium-sized banks led by local governments as a measure to resolve regional financial risks," said Vincent Yao, PwC China financial services partner.

"From the perspective of protecting market players, we will be able to protect the bedrock of the job market with measures to ensure the survival of private businesses."

"Globalization, free trade and multilateralism have experienced some disruptions. Yet China's commitment to opening-up as the general direction remains unchanged, and steps for wider opening will be better delivered," Li said. "We have made arduous efforts to this end in the past 40 years, and going forward, we will be as steadfast in pursuing opening-up. What has happened shows that China's opening-up has benefited the world, and boosted its own development."

"Given the huge amount of nuclear generation capacity the country is building and that this is a multi-decade process, the current decreased investment in the sector will not have a significant impact," he said.

"Having reached upper-middle-income living standards, the 19th National Congress of the CPC rightly shifted the emphasis toward quality, and by quality, the leadership is emphasizing the need to make the growth process more socially and environmentally sustainable."