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"Greece, and especially Piraeus, is a dot in the China-proposed Belt and Road Initiative and specifically in the maritime Silk Road connecting Asia with Europe. Our company, Piraeus Container Terminal of Cosco Shipping, plays a vital role in the last eight years, and now with Piraeus Port Authority, to promote China's investment in Greece in order to have a harmonious and win-win situation for both countries," he told Xinhua.

"Growth rates of ROE(return on equity) in the Chinese banking industry dropped from 20.51 percent in 2012 to 10.04 percent this year. That shows value returns in the sector are narrowing," Tan said, noting that quick changes should be made to deal with the situation.

"For small and micro businesses, banks should enhance their guidance on giving loans, in order to solve the problem of information asymmetry," said Ye, who is also a member of the National Committee of the Chinese People's Political Consultative Conference.

"Following sharp declines, economic activity and employment have picked up somewhat in recent months but remain well below their levels at the beginning of the year," said the central bank in a statement.

"Given the pattern of China's economic cycle, economic growth may stabilize and even pick up in 2020, predicated on continuous improvements in the domestic business environment and external demand," said Yang Weiyong, an associate professor of economics at the University of International Business and Economics in Beijing.