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"China's policy focus continues to shift between three－at times competing－policy objectives of ensuring sustainable growth, maintaining financial stability and implementing reforms to rebalance the economy, with the current focus primarily on growth and stability in the face of slowing GDP growth," said Michael Taylor, managing director of the Asia-Pacific region at global credit ratings agency Moody's.

"Chinese divers count for 1 percent of the total number of people going to islands," said Lou Yanze, president of PADI's China branch. "We hope to promote diving among more Chinese tourists. We aim to issue 500,000 certificates in China in the next five years, which means the number of divers will grow by 500,000 annually."

"Currently most consumption in China is focused on products, such as food, garments and healthcare products and there is little consumption for services, showing that China's consumption growth is still in its initial stage, with considerable room for growth," said Fan.

"Chinese contractors have increased the supply of affordable houses and hence help to stabilize the price of houses in the country," Makathimo said during the release of a report on the status of service delivery in the land sector.

"Continuous progress is being made in mergers and acquisitions among SOEs, involving not only the fusing of management but also resources and corporate cultures," Peng said.