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"China's economy is expected to post steady growth in 2018 thanks to the continuing structural reforms, simplification of administrative procedures, and implementation of an innovation strategy, but potential risks in the economy should also be monitored," Yi said.

"China's fiscal package is modest compared to global peers," said Zhu Haibin, JPMorgan chief China economist. "The important difference is the composition of the fiscal package. China's fiscal package includes a higher share of stimulus component-fiscal support for investment activity that creates new jobs."

"China's integration with the world will continue to get deeper," Li said, expressing his appreciation to those in attendance, who he sees as "passionate about China's development".

"China's economic recovery has become more broad-based" and domestic demand saw "a strong catch-up in October, reaching a level similar to industrial value added and exports," said the think tank in its monthly Recovery Tracker.

"Chronic disease management through online healthcare platforms can effectively connect doctors and patients to take on the whole process of patient management with resources both in and outside hospitals," he said.