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"China's booming refining sector will add more pressure to crude demand, and unless the government restrains policy on refined oil exports to suspend the investment impulsion for refining projects, this will only require more crude imports in the months to come," she said.

"Cutting fees is just as important as cutting taxes. But because there is a lot of flexibility with fees, some companies may work on finding loopholes to help them avoid paying. Yet by doing so they are also paying the cost of taking a risk," he said.

"China's growth prospects, which stand out among major economies, relatively higher interest rate levels and the yuan's prospects for long-term stability are expected to amplify the country's allure to foreign investment in the next five to 10 years," Wang said on the sidelines of the annual conference of the China International Finance Society on Friday.

"China still has a lot of opportunities to develop itself. We have a very big and important business here. We double our business in China every five years or so, and we will continue to invest in the largest cities, while expanding in smaller cities."

"Class boycott affects school operations and deprive students of their opportunities to study properly," Yeung said, adding that if class boycott is wrongly thought as a way to fight for certain demands, it will continue to happen with far-reaching impacts on schools and students.