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"China has a great chance to successfully achieve the internationalization of the renminbi in Southeast Asia… A lot of border trade in Yunnan province is settled in the renminbi," Yang said.

"Capital market development has become more important than ever," Li said, adding that the registration-based new share sale reform lies in at the core of capital market reforms, as it will give full play to market forces in supporting innovation.

"China is serious about further opening up and building stronger economic and trade ties with Africa," said Mark Greeven, professor of strategy and innovation at the Switzerland-based International Institute for Management Development. "While a lot of countries, especially the developed economies, are mainly focused on other parts like Europe and the United States, China seeks opportunities in emerging nations in Africa, something that will help Africa's inclusion in global trade routes."

"By staying within the WTO framework, that's consistent with the way international trade is regulated, and it does give a high ground that they are basically following the rules," he said of the Chinese mainland and several others that have filed the WTO cases over the US solar panel tariffs. But he said the US so far has been following the rules, too.

"China always highly values the opening-up of its service sector and the development of service trade," said Zhao Wen, a member of the Standing Committee of the Chinese People's Political Consultative Conference National Committee. "Digital trade has become a new trend of the country's service trade."