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Andrew Downe, Asia regional head of commodities and global markets at Macquarie Group, said, "Megvii is a global AI technology leader and innovator with cutting-edge technologies, a scalable business model and a proven track record of monetization. We believe the commercialization of artificial intelligence is a long-term focus and is of great importance."

Analysts said the moves will not only help offset this year's economic headwinds, but also spur long-term growth by revitalizing market entities and deepening economic restructuring.

Analysts said the increasing number of Chinese diplomats now on Twitter helps boost public understanding of the nation's evolving policy agenda, and could help to reduce any misunderstanding.

Analysts predict the reform in free trade zones will be strengthened, and some reform experiences from the pilot areas are expected to be further promoted all over China.

Analysts said while finding solution for achieving inter-connectivity of infrastructure in the Greater Bay Area is easy, overcoming the institutional diversity between the mainland and Hong Kong and Macao will be a tough task, according to the report.