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"China's media shares will be negatively influenced in the short term, but it's a piece of good news in the medium-and long-term that big film and TV stars will be more compliant about paying taxes and good film and TV producers will stand out," Wen said.

"Companies are looking to reduce costs and rejig equity structure, along with an expanded focus on innovation-led development and structural upgrade."

"China strongly opposes other countries imposing unilateral sanctions on Chinese entities," Gao said.

"China's development in power generation technology will (also) play an even bigger role in these economies' development, which is beneficial to the entire world," Yuan said. Cooperation between China and other Belt and Road Initiative economies is linked through development contracts and equipment exports. China has signed agreements involving 295 power projects with more than 40 countries in the past four years. These include coal-fired and hydropower stations in Southeast Asia, and wind farms and coal projects in South Asia.

"China's economy is shifting from the phase of rapid growth to a stage of high quality development. It is acceptable to see the growth surge or dip slightly, as long as we see the increase in residents' incomes, the improvement of the ecological environment and high-quality development," Yuan added.