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"Globalization exists in a political context. In the 19th century, it largely took place within European empires. In the 20th century, it took place through US-backed international institutions, and in the 21st century, it may exist within China-centered institutions such as the BRI," he said.

"Global bond managers, much like their equity counterparts, will need to have a China opinion," said Ahern.

"Furthermore, there will be no vacillation in consolidating and developing the public sector, or in encouraging, supporting and guiding nonpublic sector development," he said. "With the deepening of State-owned enterprise reform, especially mixed-ownership reform, more private capital will be encouraged to participate in the reform."

"First Health Class Back to School", part of national public welfare lectures on health for primary and middle school students, was launched on Tuesday. [Photo provided to chinadaily.com.cn]

"Growth will continue, and systemic risks will decline, which should give investors mid- to long-term investment opportunities in the China market," said Wang Hanfeng, an analyst with CICC, in a research report.