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"China took the lead in calling for and supporting the extension of the Debt Service Suspension Initiative," said Liu.

"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 Canadians and Canadians, therefore, must learn, preserve and educate current and future generations so history is not repeated. We will continue the efforts for the protection of justice and social justice for all Chinese Canadians," said Choi, adding that it was heartening that the Chinese Canadians of today are participating as full members of Canadian society.

"Considering our huge population base, we lag behind the world's top level, but we're making small and steady growth every year," Wei said.

"China's credit rating market is in the very early stages of development, and it lacks a mature credit system and a proper risk pricing mechanism," Kong said.