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"China's government is committed to further reforms, as shown by recent news on opening up the financial sector to foreign investors, increasing daily trading quotas on the Stock Connects, and potentially extending the Stock Connect program to London," Shi said.

"China's total ban on the ivory trade is a milestone achievement in the history of elephant protection and a most extraordinary measure taken in the global efforts of wildlife protection in recent years," Sun said.

"Conducting such a competition can help promote ethnic traditional culture in one way and on the other hand, it provides the monks and nuns a stage for exchanges and communications. We will conduct similar activities in the future to help raise monks' interest in learning," he said.

"Compared with the policies allowing foreign banks to set up branches in China, in addition to wholly owned subsidiaries and joint-venture banks, or remove caps on foreign ownership in Chinese financial institutions, we pay higher attention to the policies that expand the business scope of foreign banks," he said.

"Currently, there is a global trend toward easing financial regulation, which may give a new boost to 'shadow banks', and we need to pay more attention to that," he said.