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"Everyone, government officials and businesspeople, understand that industry has to upgrade. If you don't upgrade, you will be expelled from the market. If you upgrade, it may bring some hurt. But, if you don't upgrade, the only question is whether you die early or die late."

"Economic recovery is expected to continue and to show up in the GDP data from the second quarter onward as more progress is made with the return to economic normalcy," said Louis Kuijs, head of Asia Economics at Oxford Economics, a British think tank. "But the upturn will be slowed down by lingering consumption weakness and sliding foreign demand."

"Democrats reject any effort to let the administration deport little children, and we reject all anti-immigrant and anti-family attacks from this President," House Speaker Nancy Pelosi said in a statement.

"Digitalization will be a core factor to help drive a quality growth for China's industrial development. Chinese companies, such as Mino, has been actively engaged in development of digital business," said Wang Haibin, executive vice-president and general manager of Digital Factory Division, Siemens Ltd, China.

"Excessive stimulus would lead to a surge of debt levels and asset-bubbles, which will ultimately go against the government's objective of ensuring quality growth and people's livelihoods," he said.