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China's tightening of financial policy has already hit financial markets, pushing up bond yields and caused major sell-offs in the equity market this month. But "policymakers remain in a goldilocks period, where they can make progress on the deleveraging agenda without obvious signs of a drag on growth", Orlik said.

China's personal insurance has seen sound and fast development in recent years with commercial personal insurance reaching a considerable coverage nationwide, yet problems such as insufficient supply and low level of protection still exist, said the meeting.

China's toy market is at a "new normal" with demand growing for trendy and exclusive products, helping companies both at home and abroad offset global headwinds, experts said.

China's plans to reduce tariffs on imported vehicles could actually benefit Chinese customers and carmakers in the long run, according to industry experts.

China, now the second largest economy in the world, has helped power the world economy not only with the BRI, but with foreign aid into countries in need. Many developing countries are benefiting from Chinese loans and grants, both bilateral and multilateral, said Ali Ahmed, CEO of Bangladesh Foreign Trade Institute.