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Huang Yiping, a professor at Peking University speaks at the meeting. [Maverick Chen / China.org.cn]

China will lead the region, according to the report, growing 9.5 percent. Huang Yiping, a professor at Peking University, said meeting the annual growth objective is "no problem," but a more pressing issue is China's long-term growth mode.

China plans to issue 7.5 trillion yuan (US$1.1 trillion) in new loans this year, a 150-percent increase, to stimulate infrastructure and other major sectors. But inflation and price bubbles have made moderately tight fiscal policies a necessity.

Huang also noted that in last year's 4 trillion yuan (US$585.65 billion) stimulus package, 34 percent went to sectors and industries related to ecology and environmental protection, a clear message that a greener GDP has become the government's pursuit.

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