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"China still has sufficient policy tools to handle possible shocks," Zhang said at the China Finance 40 Qujiang Forum in Xi'an, Shaanxi province, on Saturday.

"Competition in the field of culture investment is going to be increasingly fierce, and for investors, knowledge, expertise and insight into the sector is important for choosing the right projects and funds," said Wang Jipeng, a partner in Oriza FOFs Investment Management and investment partner in United Media FOFs.

"China's economy, despite downside pressure, is likely to remain steady this year, as external headwinds may ease in the coming months and the effects of countercyclical macroeconomic policies gradually appear."

"China remains committed to its fundamental national policy of opening-up and pursuit of a strategy of mutual benefit and win-win outcomes," he said.

"China should use this opportunity to continue its efforts to rebalance the economy away from exports and investment, and toward strengthening household income and demand."