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As the government tightens its belt, more fiscal spending must be directed to ensure growth and public livelihood, and tax cuts and fee reduction policies must be implemented fully.

As urbanization further progresses and the population of the middle class further expands in China, China's consumption market scale will keep enlarging. "There are still huge growth potentials for US exports to China in the future," Xu added.

As the battle against poverty is at the crucial moment, endeavors should also be made to complete the remaining tasks of the anti-poverty fight, which are "hard nuts" to crack, and consolidate the achievements, Hu stressed, adding that support should be intensified for old revolutionary areas in poverty reduction, economic and social development, so that their capacity for self-development will be improved.

As reforms accelerate and as the ChiNext's valuation level has become "attractive" after several years of downward adjustments, a new bullish trend may beckon investors to the board, said Yang Delong, chief economist at Shenzhen-based First Seafront Fund.

As the anti-government protests have entered its 13th week amid ever escalating violence, the 39 legislators from the pro-establishment camp signed a cross-party joint statement calling for united action by the society to deliver the city from chaos by taking a firm stand against violence.