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"CNPC's decline in oil output should ease in the second half of this year and its gas-production growth may accelerate."

"China has been very pragmatic. It has been very gradualist and cautious and has not wanted to rip up the existing order. But things are moving much more quickly now and over the next 20 years there will undoubtedly be a new global order of some kind," he said.

"China has now become the second-largest economy, and in the coming decades it will be the largest economy. So, China's leadership has much more responsibility down the road," he said.

"China is the largest and most important market for Mercedes-Benz passenger cars and is also significant for Daimler's truck business," he said.

"Capital market opening-up has accelerated substantially this year, with launches of the Shanghai-London Stock Connect and the Nasdaq-like tech board STAR Market," said Wang Tingting, an associate professor of finance at Central University of Finance and Economics in Beijing.