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"China's retail pharmacy industry is embracing huge and sustainable opportunities, which is in line with the country's medical system reform and efficiency improvements. This is also why we look highly on China's core healthcare industry strategy," said Frank Tang, chairman and CEO of FountainVest.

"China's development practice has proved that the vast number of developing countries can explore multiple paths of modernization in accordance with their own cultures, histories and conditions," the paper said, with more than 400 think tank analysts and media experts from over 100 countries and regions agreeing.

"China's determination to reform and open up has given us confidence in expanding our business in China," said Duan.

"Continued reforms will support further transition in economic structure, with more energy pumped into innovation," the report said.

"Currently, the growth of world economy is slowing and (we are facing) many external uncertainties," said Liu Aihua, spokeswoman of the NBS. "Domestically, (we face) the combination of cyclical and structural contradictions and downside growth pressure has continually intensified," she said.