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"For property micro controls, the central government has granted local governments more power to adjust policies, based on their respective situations. That means, local governments can adjust their real estate policy according to local conditions. This gives local governments more flexibility, while avoiding the systemic risks that could be brought by unified control," said James Shepherd, who heads China-related research at Cushman & Wakefield.

"For financial institutions, the most difficult thing is trying to figure out how to get better returns from their investment, how to change their culture, people and their mindset. The softer side is much more difficult for larger financial institutions. It had faced the challenge before and it will continue to be a challenge."

"Guangdong expects to accelerate the construction of the Hengqin New Area, which is adjacent to Macao," Li said, adding that investors from Macao are also playing an important role in the creation of an industrial park devoted to the science and technology of traditional Chinese medicine.

"General hospitals and children's hospitals are our focus now," she said.

"Firefighters will be forbidden to take posts in firefighting industry associations and agencies. Retired firefighters who take such posts should abide by relevant government regulations and take no compensation from these posts," he said.