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"China's central bank, the China Banking Regulatory Commission, and the State Council have all taken explicit actions in 2017 to reduce the expansion of debt - especially the mounting indebtedness of State-owned enterprises," said Roach in a recent interview with Xinhua.

"Consumption is playing a bigger fundamental role in driving economic growth," said the ministry.

"China's economic restructuring can be seen in the rising contributions of consumption and services to GDP," he said, adding strong domestic consumption has not only strengthened the country's markets but also stimulated both multinationals and domestic companies to shift the emphasis of their operations from 'Made in China' to 'Made for China'.

"Construction workers from the rural areas are contributors to the development of our nation and should be given more attention nowadays, as the accelerating development of the country is relying on their efforts," Zheng said.

"Customers won't buy our clothes if there's no innovation in the costume design," Yeshi Tsogyal said.