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"Currently, it is convenient for consumers to use Alipay and WeChat Pay to pay for services, but enterprises cannot directly use the two platforms to transfer a big amount of money to their business partners. As a result, the central bank's digital currency has a big potential in business-to-business application scenarios," Yu said.

"China's new era development model provides inspiration to other countries," Yu said.

"Construction workers from the rural areas are contributors to the development of our nation and should be given more attention nowadays, as the accelerating development of the country is relying on their efforts," Zheng said.

"China will not close the door to the world but will only create more spaces," the official said in a statement. "Since its entry into the WTO, China has kept its promises on tariff cuts and market opening, stood against protectionism, improved protection of property rights, promoted fair competition and pushed forward economic globalization."

"China still has some room to maneuver its policy and foster next year's economic development," Ying added. "We will suggest the government continue to remain prudent and maintain a neutral fiscal and monetary policy for next year's situation."