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China is the world's largest producer and exporter of cashmere, producing about 80 percent of the world's total, with 70 percent of domestic production exported, according to Tian. Welfare in goat raising and cashmere collection in China has been improving in recent years, he said.

China is the first market, and then other markets like India and European cities that are afflicted with polluted air like London and Paris. Automobiles and factories are affecting everywhere. Pollution has been an issue everywhere, not only in China. The reason China becomes the largest market for air purifiers, population aside, is not because the country has the worst air conditions, but people here have the highest awareness.

China has rolled out 15 opening-up measures in the banking and insurance sectors, which have been largely put into place now, since President Xi Jinping reaffirmed China's commitment to further financial opening-up at the Boao Forum in April last year, said Guo, who is also the chairman of the China Banking and Insurance Regulatory Commission.

China is revising its environmental monitoring regulations to prevent officials from interfering or falsifying data, a move taken after authorities were recently exposed for spraying mist near stations to improve air quality readings.

China is moving toward a technology-based economy and is on track to achieve long-term steady growth, making the nation a "fascinating" place for global investors, said senior official from Mubadala Investment Company.