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"Compared with traditional infrastructure investment, the new infrastructure program has a strong technology focus. For instance, 5G will revolutionize the way business and people interconnect around the world," Gibbs said, adding that the company will align its strategies to the initiative.

"China's efforts to reduce pollution will drive the growth of new energy vehicles, the production and sales of which are expected to reach 15 million units in 2030," said Fabio Schvartsman, CEO of Vale SA, a Brazilian mining behemoth.

"Currently it costs 0,000 to 0,000 to make one Moby Mart, and we can lower it down to ,000 when it comes to mass production," he said.

"Continuing the move toward a more market-based and transparent monetary policy framework is a key element in ensuring an orderly transition to an effective float, which may also require use of foreign exchange reserves to smooth excessive volatility," suggested the IMF, proving that China's foreign exchange reserves are sufficient.

"Companies' willingness to issue debentures is stronger now as liquidity is fairly ample, which has driven financing costs down," said Su Li, chief bond analyst with Beijing-based Golden Credit Rating International.