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China has been improving the preferential policies for religious circles, according to the article. For instance, China developed a clear electricity pricing policy, which stipulates that venues for religious activities enjoy the same price as residential users to reduce their financial burdens. Other measures include tax exemptions for religious groups and venues for religious activities.

China has been a role model in promoting free trade and multilateralism, Siphan said, adding that the recently signed China-Cambodia Free Trade Agreement and Regional Comprehensive Economic Partnership (RCEP) trade deal are vivid examples.

China firmly opposes mercenary activities in Africa and supports tackling the issue, said Ma Zhaoxu, Chinese President Xi Jinping's special envoy, at a UN Security Council high-level debate on mercenary activities in Africa on Monday.

China first introduced the registration-based system on Shanghai's sci-tech innovation board, or the STAR Market, in July last year.

China has demonstrated considerable success in tackling and eliminating risks amid ongoing efforts to curb financial risks, analysts said.