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"China has maintained its growth resilience and gained reform momentum," said John Litwack, World Bank lead economist for China. "The authorities have undertaken a host of policy and regulatory measures aimed at reducing macroeconomic imbalances and limiting financial risks without notable impact on growth," Litwack said, adding that this year has been a "successful" year for the world's second-largest economy "on many fronts".

"CPEC is a comprehensive package of cooperative initiatives and projects encompassing regional connectivity, information network infrastructure, energy cooperation, industries, agricultural development, poverty alleviation, tourism and financial cooperation," said the minister.

"China is one of world's biggest markets [for books] and with the one-child policy dropped by the government, we see the opening of a new market," said Kurniawan while showing picture books at their booth.

"China is opening up faster than most people believe or think," Henry Fernandez, MSCI's chief executive officer, said on Thursday. "We do not see any regression on that. If anything, we see a speeding up."

"China looks forward to more communication, coordination and interaction among the various free trade initiatives in the Asia-Pacific region, so that each can play its own and constructive role for less trade protectionism and a more open global economy," he said.