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"Consumer discretionary, consumer staples and healthcare are likely to benefit more from foreign inflows, as we find that foreign investors have persistently favored these sectors in their positioning," said Gao Ting, head of China Strategy at UBS Securities.

"Compulsory technology transfers are explicitly banned, while we encourage the exchanges of knowledge and technology," he said, denying that China forces foreign companies to transfer their technology prior to investing in China.

"China will play an active and vital role in prompting the development of the semiconductor display industry, which has a high entry threshold and needs high investment," Li said.

"Chinese researchers and entrepreneurs are among the best in the world, with technological innovations and good earnings in the sector," said Liu Lihua, vice minister of industry and information technology.

"China will unswervingly promote opening-up on all fronts," Li said.