China will maintain a dynamic economic growth rate, said Justin Lin Yifu, dean of the Institute of New Structural Economics at Peking University.

"China's per capita GDP is relatively low currently. However, as the country catches up fast and grabs late mover advantages, it is expected to have a growth potential of 8 percent every year," Lin said.

China has already been the world's top economy in terms of purchasing power parity with a massive domestic market, and accounts for a high share of the international economy, Lin added.

China should stay open and be a promoter of globalization, and if the country could maintain its high growth rate, it would continue to boost the global economy, he said.