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"China, like a lot of Asian countries, has a culture where parents want their kids to go to university. What we have to do is create a narrative depicting how skilled jobs are a good and better career option, and how it contributes to the community," he said.

"China's recent decision to close its domestic ivory market, to ban the commercial processing of rhino horns and tiger bones, as well as its tightening of legislation governing trade in other endangered wildlife species, demonstrates the government's commitment to tackling illegal wildlife trade," he added.

"Considering the world's largest market's scale, the international carmakers are focusing more on China, so they are empowering the companies in the country," he added.

"Currently, financial risks are one of the most prominent and major type of risks in China … The country is still facing relatively huge pressure for a possible rebound in nonperforming loans, and the inventory of shadow banking activities is still fairly large, with frequent occurrence of law and regulatory violations," said Xiao Yuanqi, chief of the prudential regulation bureau of the China Banking Regulatory Commission, at a news conference on Friday.

"Chinese consumers, especially the post-85 and post-90 generations, have a broader vision and mindset," said Angelo Giardini, senior vice-president of Dairy, Ice Cream, Confectionery and Industrial Solutions at Nestlé China.