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"Currently, many local governments have good practices for reducing the operating expenses of SMEs, such as deferred payment of social security funds and lower costs for SMEs renting State-owned properties," Huang said.

"Consumption now remains the main driver of economic growth," said Tang Jianwei, chief researcher at the Financial Research Center of the Bank of Communications. "Due to rising Sino-US trade disputes, we are facing many external uncertainties. Therefore, we need to focus on boosting domestic demand. Considering the current levels of per capita rural and urban incomes and the proportion of consumption to the total GDP, there is a lot of room for consumption growth."

"Creating a narrative that connects with voters was -identified as most important to win an election."

"China's laser display industry has achieved great advances in the past few years to possess a number of patents and a group of leading enterprises," said Xu Feng, an engineer with CCID Think Tank under the Ministry of Industry and Information Technology.

"China's trade deficit in tourism is a case in point, in which domestic tourism services do not satisfy consumer demand. By taking measures such as cross-regional coordination to strengthen infrastructure networks, the strong domestic demand for travel may transform into higher output for the tourism sector," Tang said.