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"China's strategy now is to shift to more intensive rather than extensive growth and that transition will deliver more prosperity, both in China and abroad," said Fredrik Erixon, director of the Brussels-based European Centre for International Political Economy.

"Currently, efforts are needed to solve the application problems of the industrial internet in different industries, summarize scalable solutions of industrial internet applications in the industry and on this basis, seek to build a standardized solution framework for common problems," Xu added.

"China's construction machinery producers are gradually losing their low-cost labor advantage and do not yet have the best technologies to lead the industry on a global scale. Chinese companies must act quickly to retain their domestic market lead," said Zhao of the IIE.

"China's governance system has proved to be very efficient in promoting the country's progress and development. ... There is no doubt that Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era has yielded concrete results in Jiangxi," Djuric said.

"China still needs to do more, and I hope self-protection courses can be normalized in primary and middle schools across China," she said.