The chief economist at the People's Bank of China -- Ma Jun -- says the IMF report is subjective in reflecting the fundamentals of the Chinese economy. 

The IMF in its report urged China to adjust to mild growth after its economy went through rapid expansion for decades. The IMF also suggested that China control its debt and improve financial transparency. 

Ma says the suggestions will be good references for China's economic policy making. Ma also said he is optimistic about China's long-term growth. That's because the country is undertaking structural reforms that will offset downward pressures and support expansion.