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"Government investment in infrastructure projects could attract follow-up private investments by giving investors the expectation of better operational sustainability and credit endorsement", said Zeng Kanghua, a public finance professor at the Central University of Finance and Economics.

"Global, economic and questioning" are the three key words used by an Oxford University China expert to describe today's China.

"For example, when AI is applied to the field of radiodiagnosis, it only takes five seconds for a computer tomography (CT)," he added. "Before, it would take up to half an hour."

"Financing for developers has become increasingly difficult in the domestic market due to the tight policies enacted to prevent systematic risks," said Li Xiaoxiao, an analyst with Tongce Real Estate Research, a realty information and consultancy services provider.

"From now on, we need to make sustained efforts to advance with one five-year plan after another," he stressed.