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"Currently, some local governments are still illegally running into debt in disguised form, with the forms of debt becoming increasingly diversified and the risk growing," said a director of the finance department at the ministry.

"China's manufacturing capability and huge market potential will continue to attract innovation-driven companies to move to the market to commercialize their latest technologies quickly at a lower cost," she said.

"China's communication's landscape, with its proliferation of different channels and all-encompassing WeChat ecosystem is spawning new ways of communicating that can be exported to the rest of the world," said Catanach.

"China will step up support for small and medium-sized banks by launching a 'green passage' scheme to help replenish capital and accelerate efforts to introduce new strategic investors," said Xiao Yuanqi, chief risk officer and spokesperson of the China Banking and Insurance Regulatory Commission.

"Chinese petitions comprise about 5-10 percent of the H-1B pool, which is a distant second to India, which comprises approximately three quarters of all petitions mostly for tech jobs," New York-based immigration attorney Jae Lee said in an email.