China needs less government intervention and should rely more on the invisible hand to boost consumption, economists and business representatives proposed.
The coordinated and balanced policy which the Chinese government adopts has born fruit both in the short term and long run, said analysts.
Emerging markets will lead global development and contribute to more than 80 percent of growth in the coming years, IMF deputy managing director Zhu Min said Thursday.
Chinese employers forecast modest hiring trends in the fourth quarter of 2013, according to the newly released Employment Outlook Survey from ManpowerGroup.
China's August economic data indicated the world's second-largest economy has been stabilizing and that the government still has room for bolstering growth.
China's August retail sales up 13.4%
Aug industrial output gains momentum
Fixed-asset investment up 20.3%
Inflation slows to 2.6% in August
China's outbound direct investment reached a record high of $87.8 billion in 2012, making it the world's third-largest outward investor during the period.
Premier Li Keqiang has identified China's inland areas as "the biggest space" for the nation's development at the 10th China-ASEAN Expo.
'Diamond decade' ahead for China, ASEAN
China, ASEAN to upgrade economic co-op
Growth in China's services sector hit a five-month high in August underpinned by new orders and business optimism, a private survey showed on Sept 3, 2013.
Softer service sector weighs on economy
Recent manufacturing and trade data suggest the economy is not slowing as much as some feared earlier this year.
China's leadership is relying on urbanization to counter slowing economic growth and support structural reform. But how fast should the process go?
China has embarked on reforms to achieve an inclusive economic growth in a changing world, said an IMF official in a recent interview with Xinhua.
China's statistics authority on Monday lowered the country's growth rate for 2012 to 7.7%.
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