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"Even if the benchmark interest rate remains unchanged at 4.9 percent, the practical lending rates are not at a constant level of 4.9 percent," said Wang Yiqin, general manager of the asset management division of New Times Securities Co Ltd.

"Every time we look to exploit a new market, XCMG will fully understand the unique requirements of local customers, so as to design and adapt products in accordance to their needs," he said.

"Don't overemphasize the markets in the US and European Union. China needs to place more emphasis on other markets. For example, China's exports to India, Russia and Brazil account for about 7 to 8 percent of the country's total," Yu said.

"Efforts have also been devoted to helping them address difficulties in sending children to school, seeing doctors and looking for apartments."

"Data could be the new essential productive factor, fundamental to strategic resources. China should explore new ways of achieving growth, to take advantage of data as a key element that can expand domestic demand," said Zhu Hongren, executive vice-chairman of the China Enterprise Confederation.