Increased domestic consumption will play a fundamental role in economic development, and opportunities from urbanization will be a main driver in this process.
Three CEOs from the Chinese mainland are among the world's top 100 corporate leaders rated according to long-term performance.
China's inland region is seeing faster growth in the number of millionaires than Beijing and coastal regions.
HSBC Bank chief economist Stephen King said the world is moving away from an "old world" to a "new world" led by China.
Sluggish orders for Christmas products from overseas buyers have forced a growing number of Chinese manufacturers to focus on the domestic market.
China is working on a better coordination mechanism between fiscal and monetary authorities to pave the way for further economic reform.
Urbanization will be the main driver of economic growth for the future, Vice-Premier Li Keqiang said on Wednesday.
Growth will be more focused, with the onus on quality and efficiency, not just speed, Li said.
"Economic growth must be real," he said at a meeting discussing reform.
'Urban diseases' a big problem to fix
"Although the economy still faces downward pressure this year, authorities have not taken drastic stimulus measures like those taken two years ago," Zhang said.
Bayer HealthCare China has maintained double-digit growth in the emerging market over the last decade. It's expecting sustainable growth.
China invested 577.8 billion yuan ($91.91 billion) in new projects designed to support its western development strategy this year.
How do economists assess China's opportunities in 2013 after studying the Central Economic Work Conference communique?
The recent rise in domestic housing prices highlights the need for the authorities to take more forcible measures to tame the speculation.
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