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"China is playing an increasingly vital role in our global market. The revenue from the Asian market has accounted for nearly 20 percent of our global revenue. Camera sales in this region contributed more than 30 percent of our camera sales globally."

"China has been championing modernization as a slogan for more than six decades, but people's understanding and definition of this topic can vary significantly."

"China not only has a competitive edge in the production of light industrial goods or textiles but also is almost on a par with the developed economies in terms of manufacturing of high-tech products and major equipment," said Wei Jigang, a researcher with the Development Research Center of the State Council, China's Cabinet.

"China is able to meet its full-year GDP growth goal of 6 percent to 6.5 percent this year," Zhu Jianfang, CITIC Securities chief economist, said at the monthly China Macroeconomy Forum in Beijing. "Considering the previous supportive policies, it is possible to see the economy stabilize in the next quarter."

"But the regulator may face greater pressure to maintain a reasonable supply of new shares while ensuring the quality of the IPOs given that there has been a long queue of companies seeking to float shares in the public market," Gai said.