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Analysts said lower tariff will encourage people to buy imported products at home instead of overseas, which boosts domestic consumption.

And returns on such investment could be handsome. A WeChat user can tip up to 200 yuan () per emoji at a time. Tencent claimed it had more than 900 million active WeChat users in China alone at the end of September 2017. Apparently, they send out 38 billion messages every day. It, however, declined to share details like the number of emoji downloads and the number of messages with emojis last year.

An said that since last May, the number of travellers from the mainland to Taiwan had dramatically decreased over concerns of safety, after a series of accidents involving tourists.

An urban management officer warns visitors of danger at Tian'e Lake in Hefei, Anhui province. CHINA DAILY

Analysts believe more measures are in the pipeline. The negative list that determines where foreign participation is prohibited or limited is expected to become shorter. Foreign investors will see more favorable policies in taxation, less red tape in investment approval, and stronger protection of intellectual property rights.