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"Having robots take some of humans' routine work, and set people free to engage in face-to-face interaction, is the original intention of inventing Rokid," said Jiang Gonglue, chief designer of the AI robot.

"For instance, the guidelines say that a soldier shall gain 240 points to qualify himself or herself in the military sports test, but our qualification threshold is 360 points," he said. "In the armored vehicle driving test, our qualification requirements are 20 percent higher than those in the guidelines. Our assault units need to use 12 types of firearms to hit 54 fixed and moving targets within five minutes."

"Given that growth in the past decade or so was very much driven by debt-financed investment, deleveraging may lead to a sharp reduction in investment," Molnar said. "Therefore it is important to make sure that investment projects with a net present value obtain financing."

"Foreign investment banks are typically more experienced with the registration-based IPO system than domestic players," Xue said, adding that participation by foreign investment banks could lead to a smoother implementation of the reform plan.

"Five years ago, we could hire a worker with a monthly salary of 3,000 yuan, but now we have difficulty hiring a worker for 6,000 yuan. Due to a shortage of hands, nearly 20 percent of our production equipment is not running ... So I plan to build unmanned intelligent factories," said Zong.