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"How can the one-China principle be traded with money? The Chinese government never trades its principles," said Chinese Foreign Ministry spokesperson Hua Chunying at a press briefing.

Since the Shanghai FTZ was launched on Sept. 29, 2013, other Chinese provincial regions now have FTZs, including those opened in Tianjin Municipality, as well as Fujian and Guangdong provinces in April 2015.

The doom-and-gloom scenarios created headlines but failed to emerge. All the assumptions were false alarms. The country's growth rate this year appears set to hit about 6.7 percent -- beating almost all forecasters' expectations.

China's 15 years' membership in WTO not only marks the most rapid economic development phase of this ancient oriental nation, but also features the period when China shares its prosperity with the rest of the world, said Gerishon Ikiara, lecturer of international economics at the University of Nirobi.

As China enters the home stretch in building a "moderately prosperous society," identifying a core leader is more relevant than ever.