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"China is the only country that achieved 3.2-percent growth in gross domestic product in the second quarter, and it did so due to its economic potential and domestic market," said Regalado.

"China has a strong ability to withstand economic pressure and huge potential for economic growth. Over the past year, trade frictions between the two countries proved that by continuously imposing additional tariffs on Chinese imports, the US cannot change the fundamental trends of Chinese economic development or obstruct Chinese strategies which are committed to the central task of economic development and aim at comprehensively deepening economic system reform and expanding opening-up," Lou said.

"But we see that as an investment in the longer term. We are building our own type of intellectual property protection around it, so that we also have a sustainable profit model for the long term. I think in five to 10 years from now, bio-based will be the mainstream."

"By the end of June, China has some 12,000 recycling points for disposed packages, and boasts about 20,000 new energy vehicles," he said, adding that over 96 percent of express delivery orders are now placed through a paperless, electronic logging system.

"China may increase the interest rates for open market operations following the possible US rate hike, but in a moderate way, a similar move as it took in December and March," said Yang, who also suggested a further cut in the cash that banks set aside as reserves when liquidity risk increases.