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"China has a real opportunity to ramp down the use of oil and coal. Fossil fuel use is at odds with the work report's stated priorities of reducing air pollution, increasing public health, increasing jobs－renewable energy being known to generate twice as many jobs as investment in fossil fuels－and of long-term economic stability, given that coal and oil power plants risk being stranded, also stranding the jobs," Hepburn said.

"But today, we are open and receptive to what the consumers have to say because we belong to them," Seth said.

"China has come to a critical period of upgrading and transformation," Dong added. "The domestic consumer market is entering a new era driven by technology, high quality and services. The generation born in the 1980s and 1990s has become the main force of consumption, and those born in the 2000s will also become new consumption drivers."

"But lighting up the town is not enough. We also need to offer good content to tourists. In Wuzhen, tourists can sit on wooden boats at night, listening to the sound of the oars hitting the water under the lights. They can also experience a range of cultural activities, including the Wuzhen Theater Festival."

"Central banks will remain crucial to safeguarding the stability of global financial markets and maintaining the flow of credit to the economy," Tobias Adrian, the financial counsellor and director of the IMF's Monetary and Capital Markets Department, said Tuesday at a press briefing.