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"China's automobile market will gradually recover and remain stable for a relatively long period of time to come," said Cai, deputy director-general of the NDRC's industry coordination department.

"China will be one of the focal markets. We will strengthen our position by accelerating the launch of new brands and innovations, increasing our marketing investments and driving digitalization even further," said Jeremy Hunter, president of Henkel Greater China.

"China's inflation is expected to remain stable and there is little likelihood of seeing a significant increase since the economy remains sound," said an official from the National Development and Reform Commission who declined to be identified, adding that the effects of external pressures, such as commodity price fluctuations and potential tariffs, remain under control.

"Chinese consumers continue to desire high quality products, and consumers in lower tier cities remain critical to incremental growth."

"Coconut Palm seeks talent who are eager to work. We will further intensify our training on policies and labor laws, and release legitimate recruitment advertisements that are respectful of people's personal lives," said the statement.