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"For us, all enterprises are our clients, whatever ownership and size they have or whatever industries they are in. The only gauge is their performance, good or bad," said Gu.

"Fitch was the first international rating agency to set up an office in the country in Beijing in 1997, and we are among the first to position ourselves for the onshore rating business - having divested our Chinese joint venture earlier this year," added Li.

"Graduates' employment rate has been generally stable over the last five years, fluctuating not beyond one percentage point," said Guo Jiao, deputy director of MyCOS.

"Fifteen years ago, I think there was very little recognition of animal welfare or the importance of animal welfare in China," he said. "China has progressed so fast in that recognition. And from what we've seen, the government and the animal farming industry have been keen to improve. We've seen this particularly in the pig and poultry sectors where there's been a lot of interest in improving animal welfare."

"For such a big economy as China, it is a reasonable choice to rely on domestic demand" to develop the economy, Xu said.