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Chinese companies, including Geely, Chery, Great Wall Motors, Changan and Beiqi Foton, were scouting for opportunities and slated to enter India while MG Motor plans its second round of investment and BYD has decided to venture beyond buses to electric vans, said a report in the financial daily The Economic Times.

Chinese electronics and software company Xiaomi is worth billion, making it the world's third-largest Unicorn, ahead of US-based accommodation rental service Airbnb, which has a valuation of .3 billion. Online group-buying platform China Internet Plus Holdings and peer-to-peer lender Lu.com, both from China, are on the current list of the world's top 10 highest-valued unicorns.

Chinese internet security company Qihoo 360 Technology Co is set to return to A-share market through a backdoor listing after agreeing a 50.4 billion yuan (.61 billion) deal with elevator maker SJEC Corp.

Chinese people living overseas will also be affected because many don't have ID cards or their cards have expired since moving away.

Chinese financial regulators are preparing a comprehensive opening-up, with more new measures in the pipeline. Foreign institutions with advanced performance in risk management, credit rating, consumer finance, endowments and health insurance are especially welcome, senior officials stressed over the weekend.