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The resumption of talks between Xi and Trump was absolutely crucial and was a positive step and represented progress, said William Jones, Washington bureau chief of the U.S. publication Executive Intelligence Review.

"In the next 90 days, we will follow a clear timetable and roadmap to hold consultation on issues of intellectual property rights protection, technological cooperation, market access and trade balance that conform to the interests and demands of both sides, and the two sides should strive to reach consensus," Gao said.

During the coming six days, Shanghai will teem with business and show the world that the trail-blazing expo is not a mere gesture.

Meanwhile, many Chinese universities have advocated "life education." They ask their students to participate in volunteer activities in hospitals, funeral parlors, nursing homes and red cross societies to better understand the meaning of life.

New fin-tech services will be introduced to explore more financing channels for small- and medium-sized tech companies, including asset-light firms and firms yet to make profits. Local government equity funds will be channeled to support seed and early stage high-tech startups. Insurance companies will be encouraged to develop products that cover patent enforcement and patent infringement to forestall patent holders' losses from IPR violations.