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Xu Zhong, director of the central bank's research bureau, said the policies could "send positive signals and strengthen private companies' investment confidence, to prevent risk contagion among the stock, bond and credit markets".

Xing Guangcheng, a senior researcher on Russian and Central Asian studies at the Chinese Academy of Social Sciences, said past turmoil in Eastern European countries shows that a color revolution is "never a real positive revolution", as it eyes overturning the government, seeks power transfer and serves the interests of other countries.

Xiongan New Area, which was first announced two years ago, has been attracting increasing attention from foreign companies given its huge development potential.

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Xu Haidong, another assistant to the CAAM's secretary-general, said the market saw a pattern of rising premium car sales and a slump in low-end SUV deliveries, which seriously affected Chinese SUV makers.

Xiang Ligang, a telecom expert and CEO of industry website Cctime, pointed out that Chinese companies are now benefiting from the government's policy to cultivate a domestic chip industry.

Xiongan will develop mainly high-tech and innovative industries, he said. "The aim is to attract innovative resources to create industrial clusters and create a work-life balance for the population."

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Xia Hong, a marketing professor at Beijing Technology and Business University, said food and drink consumption is normally a practical indicator of the economy and the population size. In China, Xia said, not only are people consuming more, but also more types of food, as people become more sophisticated and look for convenience.

Xiang illegally provided help to others in land development, project promotion, enterprise reform and project contracting, according to the procuratorate.

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Xiang also had extensive experience in auditing and served as the deputy auditor-general of the National Audit Office.

Xi, also president, made the remarks in his keynote speech at the opening ceremony of the CPC in Dialogue with World Political Parties High-Level Meeting at the Great Hall of the People.