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"For some irregularities in the history of some private enterprises, (we) should see the problem in the light of the development and follow the principle of 'crimes and punishment stipulated by law' and the principle of 'innocent until proved guilty', so that entrepreneurs can unload their mental burden and move on," Xi said.

"Foreign automakers generally have strong technology reserves and powerful brand influence, providing them with substantial strength. We have to be alert to (a potential) market crisis even in times of calm," Chen said.

"For example, sales of instant noodles slowed in the past years. So, some companies invested in innovation and revitalized their product portfolio. They launched high-end versions to meet consumers' needs. That should explain why high-end instant noodles saw faster growth, while sales of low-end versions didn't grow as fast."

"Further studies must be conducted to make these 31 measures easy to understand and easy to implement. The relevant government authorities should also supervise the implementation of the new policies, identify problems and make timely adjustments," he said.

"Fitch was the first international rating agency to set up an office in the country in Beijing in 1997, and we are among the first to position ourselves for the onshore rating business - having divested our Chinese joint venture earlier this year," added Li.