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"China's strategy of opening-up to our industry and opening-up to innovation will benefit Chinese patients and also enable companies like us to keep investing in China."

"China's trade in creative goods between 2002 and 2015 has been exponential, with average annual growth rates of 14 percent," the report said. "In 2002, China's trade in creative goods was billion. By 2014, this figure had increased more than fivefold, tallying 1.4 billion."

"Compared with the last Great Recession caused by the 2008 global financial crisis, what makes the recession this time so 'grand' is not just in terms of how many jobs we're going to lose, but results from the fact that we're going to be led to a historical turning point in terms of geo-economics," he warned.

"China's greatest contribution to Africa is helping Africa transform to an investment hot spot. Africa will achieve the power of reshaping its status and dialogue with the outside world on an equal footing," said Zhou.

"China values very much our regular monetary and fiscal policies. We will not pour cash into the market or adopt monetization of financial deficit. Negative interest rate will neither be implemented," he added.