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"China's uniquely advantageous position on the global economic stage is incomparable. The country offers an enormous wealth of hard-earned experience as well as technology that can be shared and transferred among developing countries," said Rachel Duan, president and CEO of GE China.

"China's financial opening-up has already drawn a positive market response. This new round of opening-up will forge a level playing market environment for both foreign and domestic firms," Guo said.

"Coming on the heels of the central banks, there is increasing optimism that politicians are starting to understand the scale of the economic stop coming our way as the death toll across Europe and the US continues to rise," Michael Hewson, chief market analyst at CMC Markets UK, said in a research note.

"Chinese tourists are estimated to travel 700 million times in the next five years, which offers a huge business opportunity for countries and regions involved in the Belt and Road Initiative, not only in their tourism industry but also tourism-related businesses," said Dorothy Tembo, executive deputy director of the International Trade Centre, at a recent industry forum during the fifth China Beijing International Fair for Trade in Services.

"Cross-border trade has become a vital growth engine for the city's economy," Wu said. "The city has seen an increase in import and export activity, and bilateral investment since last year."