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"Chinese infrastructure investments can have a big impact in the fields of renewable energy, establishment of economic zones, manufacturing, telecommunications and digital commerce," Pitlo said.

"Corporates are forbidden to take guarantees from local governments," said a notice published on the NDRC website, an indication that companies should repay borrowed funds and take risks on their own.

"Currently, however, Chinese companies lack genuine technological breakthroughs and innovation. They still have very little in the way of unique differentiation compared with other providers," Ji said.

"Chinese consumers now put more emphasis on individuality and diversity, attaching more importance to experiences. More efforts on brand image building can ensure the more efficient supply of products. As the economic ties between different economies are strengthening with globalization, we can provide more choices to global consumers," he said.

"Companies are market-oriented," Gao said. "China has a large-scale market, complete industry-supporting capabilities, sufficient human resources and well-developed infrastructure. The so-called' reducing dependence on China 'does not conform to market rules and will not become the basis for corporate investment decisions."