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"China's economic restructuring may not have a major adverse effect on the supply and demand side of the economy," Zhang said.

"China used to lag behind those developed countries in terms of participating in the global competition (for infrastructure projects). And now we need to ramp up the efforts to target overseas markets and learn from leading countries."

"China should further improve the detailed rules of supporting policies for private enterprises, so that some impractical rules can be eliminated," said Huang Li, a member of the 13th National Committee of the Chinese People's Political Consultative Conference, during the ongoing two sessions.

"Chinese companies have gained an upper hand in large-screen LCD displays. Samsung and LG's decision to exit from the LCD sector means Chinese panel makers will take a dominant position in this field," said Li Dongsheng, founder and chairman of Chinese tech giant TCL Technology Group Corp.

"China stands ready to work with all parties together to promote open, linked, cooperative and green developments, and release positive signals to firmly support multilateralism, and join hands in building an open world economy, fostering a global partnership with interconnectivity and promote global development," Yang said.