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"China has done very well in poverty reduction, because in the last 20 years the country's poverty reduction levels account for almost half the reduction of all poverty levels in the world," said Kaberuka, chairman and managing partner of Southbridge Partners, a pan-African financial, advisory and asset management firm.

"China may further loosen monetary policy and launch various measures, including further increasing the credit supply to meet the real economy's needs and further reducing its financing costs, encouraging banks to issue more loans to small and micro businesses and introducing innovative monetary policy instruments," said Zeng Gang, deputy director-general of the National Institution for Finance & Development.

"China is a rising power in the IT industry and has a huge potential market," he said. His company has signed three cooperation projects in Hainan.

"But more significant steps are needed if policymakers want to stabilize growth," he added.

"China has a strong, well-developed e-commerce market with innovative and advanced technology. The sector is now quickly emerging in ASEAN markets," said Vo Dai Luoc, former head of Hanoi-based Institute of World Economics and Politics, which is under the Vietnam Academy of Social Sciences.