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Bai Ming, deputy director of the international market research institute under the Ministry of Commerce, said the new trade pact will have a positive effect on global cross-border e-commerce, and improve the efficiency of cross-border logistics and Customs clearance, reduce the distribution time and costs, and improve shopping experiences for consumers.

Bai Tinghui, head of Shanghai's municipal State-owned Assets Supervision and Administration Commission, said the recently introduced plan aims at setting up more market-based mechanisms. Equity incentive is possible to be carried out among financial service providers.

Bai Hexiang, head of the PBOC's Guangdong branch, said the fund management agency could be authorized with the right to access banks' information, in order to recognize potential risks at an early stage, and to reduce the possibility of bankruptcy.

Based on the company's overseas engineering projects, Poly said it would also donate a batch of schools, portable houses, solar water pumping systems as well as materials including books, medicines and sports equipment to local residents in the future, to further improve the living standards in these remote areas, he said.

Baita International Airport has launched international flights with several Asian countries, including Mongolia, Thailand and Vietnam. It plans to open new air routes to Singapore, Nepal and Myanmar, and resume air routes with Japan and the Republic of Korea.