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"But realizing it requires the knowledge and expertise needed to surmount new challenges."

"By 2020 in terms of income targets and related targets in education and health, according to the latest data, China will achieve its objectives by 2020. However rural poverty will not disappear. It will continue to exist in different terms.

"China is wise and capable of tackling risks and challenges" even if the financial sector enters into a phase of "risk explosion", said Li Yang, director of the National Institution for Finance and Development, or NIFD, under the Chinese Academy of Social Sciences.

"China is now in its best time of development. China represents the world." Haworth also said he hopes that his children can come to China, learn Chinese, and carry on the family ties with China. "It will be their huge advantage in the future."

"China needs to make a big push to unleash its huge domestic demand potential, move up the industrial and value chain and drive digital transformation," Wang said. "To better satisfy the need to upgrade, China should also focus on driving industrial innovation, improving the industrial support system and cultivating high-quality talent."