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"China's crude steel production capacity is the largest in the world, but its high-end steel output capacity is inadequate," he said.

"Chinese investors have long been bullish on the Latin American market. Mexico is a new destination for State-owned energy giants and will see big opportunities, if short-term uncertainties in the local macro scene and the clean energy market are sorted out and properly managed," he said.

"Customers care more about the dynamic performance, appearance and cost performance of cars," Wang said.

"China's scale dividends are likely to be an important driver of improving the total factor productivity over the next five to 10 years," said Shen Minggao, chief economist at GF Securities, who noted more efforts are needed to drive the transformation and upgrading of the traditional manufacturing industry, enhance its efficiency, as well as improve total factor productivity, in a bid to maintain a relatively rapid GDP growth.

"China will push reform and opening-up more actively, and deepen State-owned enterprise and asset as well as fiscal and financial reforms to implement major opening-up measures previously fixed," said a statement released after a meeting of the Political Bureau of the Communist Party of China Central Committee, presided over by Xi Jinping, general secretary of CPC Central Committee.