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"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."

"China will continue to optimize its business environment, actively expand imports, expand foreign investment and contribute to the stability of the world economy," Guo said.

"China will remain a must-win market for car brands in the foreseeable future," said Paul Gao, senior partner and head of McKinsey's automotive practice in Asia. "As Chinese consumers continue to become more sophisticated, automakers must reinvent their success formulas to surprise and delight them."

"Criminals keep updating their means by deceiving dealers and consumers with fake permits, packages, batch numbers or customs certificates."

"Currently, people aren't highly alert to the problem that individual and household loans for home purchases and investment have been growing at a rapid rate. It's very dangerous," Guo said on the sidelines of this year's session of the National People's Congress in Beijing.