Still an engine of global growth

Amid a gloomy global economic landscape where some major economies have been beset by ballooning inflation unseen in decades, if not an imminent recession, China's recovery from a sling of challenges is timely.

Hartung said global challenges cannot be met without China, stressing that China and the rest of the world need each other.

"Given the centrality of China in the regional production networks ... it could do a tremendous amount in terms of trying to move the region towards a more sustainable basis for production in the economy," Suthiwartnarueput said.

"The Chinese economy is the growth engine of the world economy," Elsner said, who attributed his confidence in the economy to the country's adherence to reform and opening-up.