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Another bottleneck facing the battery segment is low capacity utilization. According to a report from Shenzhen Gaogong Industry Research Co, the industry's average capacity utilization stood at only 40 percent last year.

Aon has been running this award in China since 2001.

Another change he said he has observed over the last two years is the BRI's evolvement into a global initiative, as the Chinese leadership is listening to feedback and adjusting the program as they go along.

Apart from stepping up efforts to analyze, evaluate and supervise financial innovation, regulators must follow the development trends and the level of impact of financial innovation to identify hidden risks in a timely manner and take necessary measures. At the same time, China's regulatory authorities should strengthen communication with their international counterparts to explore ways to improve regulation, shore up weak regulatory links, and continue to focus on the prevention and mitigation of financial risks, she added.

Another 86 companies are expected to post a rise in their net profits in 2017, but their annual reports are yet to be released.