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Chinese people are becoming more discerning about the type of cultural experience they want to spend their money on, participants at an international fair in Shenzhen said on Thursday.

Chinese authorities have laid out policy reforms that aim to further open up Shenzhen's economy. These include easing restrictions on the energy, telecommunication, public service, transport and education sectors; loosening limits on foreign investment in cutting-edge technologies; and strengthening the protection of intellectual property rights.

Chinese have gone to Sierra Leone to help Africans deal with Ebola, he said, adding that China, a country with successful experience in "barefoot doctors", can play a critical role in training community health workers, he said.

Chinese firms signed project deals with a contract value of 753.82 billion yuan in the first half, up 5 percent year-on-year. The country's nonfinancial outbound investment to countries and regions involved in the Belt and Road surged 19.4 percent year-on-year to .12 billion in the same period.

Chinese companies have been gaining sectoral experience in many parts of the world, and many of them have already begun to deploy resources to other markets such as Africa, member countries of the Association of Southeast Asian Nations, Russia and India to establish new market growth points, said Li Guanghui, vice-president of the Chinese Academy of International Trade and Economic Cooperation in Beijing.