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"China's scale dividends are likely to be an important driver of improving the total factor productivity over the next five to 10 years," said Shen Minggao, chief economist at GF Securities, who noted more efforts are needed to drive the transformation and upgrading of the traditional manufacturing industry, enhance its efficiency, as well as improve total factor productivity, in a bid to maintain a relatively rapid GDP growth.

"Collecting materials, such as product advertising, transaction messages and chat records with sellers as evidence is also a necessity," she added.

"China's 2019 GDP growth target at 6-6.5 percent is reasonable and achievable, and we've seen a robust start for the Chinese economy this year such as stabilizing corporate capital expenditures," Bill Winters, group chief executive of SCB, told Xinhua on the sidelines of the just-concluded China Development Forum 2019.

"China will take necessary measures to safeguard its legitimate rights and interests," she said.

"Companies matter in employment stability," he said. "The job market will be stable if companies are well-operated."