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"Garbage disposal is certainly no trivial or household matter," Dai said. "It is a difficult problem that the world today needs to tackle head-on."

"For example, an X-ray machine in a hospital can be used more than 100 times a day, and the fees charged for using it can cover the purchase cost in about three to four years," Zhang said. However, the computed tomography scanning machine Zhang bought for his clinic, which cost 2 million yuan (0,969), is only used about 15 times on a busy day.

"Given the sheer size of China's economy, a dip in growth rate is no cause for heightened worries over the stable economic trajectory," Zhang said, adding that doomsayers targeting China's economy should pay more attention to the quality of growth and how the nation stands at the forefront of the new round of technological revolution.

"For smaller loan applicants, the major difficulty is the information asymmetry," he said. "How to reduce default risks of unsecured loans by monitoring the cash flows of companies is also a challenge, because small and micro enterprises are asset-light and short of pledges."

"For these two factors, we have confidence. Therefore, we are very optimistic for Hong Kong's future," Zhang said at a press conference in Beijing on Wednesday.