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"China is at a new historic juncture," said Liu, "China's main task now is to address the imbalances and inadequacies in our development in order to meet the people's ever-growing needs for a better life. This will determine what policies and strategies China will adopt."

"China offered a model of recovery, stabilization and then growth," David Weinberg, CEO of Skechers USA Inc, told analysts on an earning call. Overall, the sneaker company's quarterly sales dropped 42 percent from a year earlier but were bolstered in part by 11.5 percent growth in China.

"Changan new energy vehicles take the priorities to adopt the new intelligent connectivity technologies," said Su Ling, deputy general manager of Changan New Energy Vehicle Technology Co. The company is planning to forge integrated development between new energy vehicles and intelligent connect vehicles, striving toward the goal that all its new energy vehicles will be internet-connected, according to Su.

"China is driving national reform through the new infrastructure initiative, and the public cloud is playing a key role in powering adaptive enterprises. As one of the leaders in global public cloud market, the acceleration of AWS in cloud services in China will effectively provide more competitive options for enterprises in China and worldwide to modernize applications and drive digital transformation," said Charlie Dai, a principal analyst at Forrester, a business strategy and economic consultancy.

"But we can't give way. We know that compromise will put them at risk," Wong said.