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"Consumption accounted for 60 percent of China's economic growth in the first half, more than 40 percentage points higher than the number of investments," Ning said. "We need to ramp up our efforts to boost consumption, such as increasing incomes, improving the environment and adopting policies and measures to promote household consumption."

"China should further streamline VAT brackets to encourage fair market competition, which in a sense reduces taxes for many enterprises," Liu said.

"Companies in this area were pioneers in answering the questions of corporate social responsibility, because of requests and demands from international brands. Today, the Greater Bay Area is still the most dynamic area where brands, suppliers, NGOs and industrial organizations are working proactively to continue making progress on sustainability issues, such as decent work culture, environmental protection, occupational safety and collective consultation," Anders Wollter, minister counselor and head of Centre for Corporate Social Responsibility of Embassy of Sweden in Beijing, said.

"China's trade has consolidated its upward trend this year as the country's efforts to optimize its industrial and trade structure have gradually paid off," he said.

"China still has a lot of opportunities to develop itself. We have a very big and important business here. We double our business in China every five years or so, and we will continue to invest in the largest cities, while expanding in smaller cities."