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"Chronic diseases are becoming an increasingly severe problem among Chinese patients, and Chinese people now have a higher demand on their health. The public wants to stay healthy, while the government wants to fulfill their wish. There is a problem that drugs are becoming increasingly expensive. We need to seek a balance where drug companies can make money while the public are able to afford their treatment," Margaret Chan, president of the Global Health Forum and former World Health Organization director-general, said.

"China's banking industry is still undergoing critical transformation, where both opportunities and challenges coexist," said Choi, assurance leader of EY financial services in Asia-Pacific.

"China will further open up some non-convertible items under the capital account, and those already convertible will see tradings more liberalized," said Pan Gongsheng, deputy head of the People's Bank of China, at a forum in Shanghai.

"China's bike-sharing bubble has been burst, and we'll see a wave of reshuffling and consolidations in the industry that took the nation by storm during the past two years," Wang noted.

"Compared with its convenience store business, selling automobiles has more added value."