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"China's overall approach to modernization has produced major achievements since the 18th CPC National Congress in 2012, lifting the comprehensive national strength to a new level," Hu said.

"Continuing the upgrading of China's industrial structure, consumption structure and urban-rural structure will breed huge domestic demand potential, which should be the key power to support the nation's economic growth of about 6 percent in the next five years," Kuang said.

"China's strong economy makes it possible for them to rise to fame early in their careers. They are familiar with the internet and technology, which helps them express their ideas in their artwork," says Zhu Zhu, an independent curator and art critic.

"China's principle of adhering to mutual respect and treating each other as equals is the fundamental principle to continuously deepen the cooperative relationship between China and ASEAN," he told Xinhua.

"Credit growth has slowed in 2017, but it remains too fast. Slowing it further will require less public investment, tighter constraints on state-owned enterprises and curbing the rapid growth in household debt," said Daniel.