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"China will enter a new developmental phase and will use new ideas to create new opportunities that can further facilitate a more open dual circulation," he said.

"China's central bank, the China Banking Regulatory Commission, and the State Council have all taken explicit actions in 2017 to reduce the expansion of debt - especially the mounting indebtedness of State-owned enterprises," said Roach in a recent interview with Xinhua.

"China's moves to tighten its credit system are admirably in tune with its efforts to advance reform and opening-up and develop the Belt and Road Initiative with other international partners," said Wang Jun, a researcher at the China Center for International Economic Exchanges.

"Companies matter in employment stability," he said. "The job market will be stable if companies are well-operated."

"China's push to upgrade its sprawling manufacturing sector could bring new opportunities to foreign companies and more efforts will be made to create an open and transparent business environment for them to invest and do business in China," Miao said.