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"China, in the new era, will provide an open platform for media around the world. We are confident of gaining more understanding and trust from the international community through cooperation under the initiative, and will contribute our experiences to the world," he said.

"Currently, there are still some financial institutions from Asia, Europe and the Americas doing market research in China. Some have made clear their business expansion plans in the country, and some have submitted their initial applications for the establishment of financial institutions in China. We estimate that a growing number of foreign institutions will take part in Chinese financial markets over a period of time in the future, and they will become an effective strength for high-quality development of the domestic financial sector," the spokesman said.

"Compared with buying a suit at physical stores, I think online shopping is more convenient. It saves me a lot of time," said Zhang.

"Chinese courts have made public an immense volume of court judgments since 2014. ... The availability of this huge number of cases is transforming scholarship on the Chinese legal system as well as the practice of law within China," said Benjamin Liebman, director of the Center for Chinese Legal Studies at Columbia Law School, at a webinar on Wednesday.

"China's financial and asset management markets are full of vitality and opportunities. As individual investors' demands keep growing and regulatory authorities continue rolling out proactive and open policies, we expect the market to take great leaps," Lin said.