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"China welcomes all types of businesses, including foreign ones, to participate in the ownership reform of SOEs," said Xiao Yaqing, chairman of the State-Owned Assets Supervision and Administration Commission, at a media briefing on the sidelines of the 13th National People's Congress, the top legislative body, on March 10.

"Consumers from those generations are increasingly conscious of the environmental and ethical impact of their purchases, such as whether workers are fairly paid and the work is done in safe and environmentally friendly conditions, things that large corporations often fall short on despite promising to adhere to strict ethical and environmental standards," said Tang of the Gem Appraisal Center of Peking University.

"China's strong support for cross-border e-commerce comprehensive experimental zones, and the gradual improvement of taxation and regulatory policy environment, will greatly boost the growth of the industry," Zhang said.

"China will further ease market access, implement just and fair supervision, guarantee fair competition of different ownership subjects, and work to create an open, transparent, stable and expectable market and law environment for domestic and foreign enterprises as well as all kinds of talent."

"China traditionally tends to opt for stability, including foreign exchange stability, at times of international turmoil, building up a reputation as a responsible international actor," said Kuijs. "At times of anxiety about the country's economic outlook, supporting the yuan also serves to prevent financial outflows."