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"China's supply-side reform has reduced overcapacity in the steel industry by closing down those with issues of pollution and outdated capacity while controlling new capacity construction, and helped reduce steelmakers' debt levels. But we expect the government will continue to fortify the results of the supply-side reform and focus more on upgrading the steel industry."

"Corruption at people's doorsteps will seriously undermine their sense of gain and happiness, and needs to be tackled with greater efforts. More measures should be carried out to combat corruption and problems with the work style of officials in the field of poverty alleviation."

"Companies from new and emerging sectors will be the key clients that we are seeking to obtain. We will focus on good quality companies with strong technological advantage and strong profitability potential," it added.

"Considering the two fundamental factors of foreign exchange reserves and trade surplus, China, without doubt, could keep its exchange rate stable," Zhao Qingming, chief economist at the Institute for Financial Derivatives, the research arm of the China Financial Futures Exchange.

"Consumption via bank cards accounted for 48.7 percent in China's total retail sales of consumer goods, rising for a fourth year, giving a strong boost to consumption growth and upgrades," said Huang Runzhong, secretary general of the association.