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"China is undergoing an economic transformation and upgrading at present. Therefore, the development of high-end manufacturing and smart equipment has become a buzzword. But as a matter of fact, traditional industries, which are closely related to people's daily lives, should also undergo upgrading and there will be room for their development," he said.

"But the monetary policy will have to coordinate with the bond issuance, to maintain sufficient liquidity and keep financing costs at a low level," said Ming.

"Capital management at the core shows that the government's supervision over central SOEs has risen to a higher level," said Li Jin, chief researcher at the China Enterprise Research Institute.

"But we chose to do it because selling online has increased farmers' incomes by enabling them to reduce overhead costs and sell agricultural products to more people without traveling far."

"China is fast transforming into a knowledge economy, with high tech, healthcare, and consumer sectors growing extremely fast. We are confident that many cutting-edge technology firms from Europe will find a big market in China," said Sue Wang, the president's assistant at Beijing SkyoceanCombplus Technology, an accelerator.