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"Continued strength of the Chinese yuan sets the foundation for a more affirmative outlook for financial opening up, as well as further progress in RMB internationalization this year. In this regard, financial institutions with cross-border capabilities stand to benefit," the CICC said in a note.

"China will set up six new pilot free trade zones and open a new section of the Shanghai Pilot Free Trade Zone, and will speed up exploration of building a free trade port in Hainan province," Chinese President Xi Jinping said in his speech at the recent G20 summit in the Japanese city of Osaka on June 28.

"Chinese internet giants are leveraging their own capital and technological advantages to create retail ecosystems, while consolidating offline spaces and upstream and downstream industries to maximize their competitive edges," said Jennifer Ye, PwC China consumer markets leader.

"China used to be a kingdom of bicycles. We just offered a solution in tandem with the government's policy and also the people's willingness to change their lifestyles. This, in fact, is behind our success," Hu said on the sidelines of the UN Environment Assembly meeting.

"Climbing Mount Everest needs careful planning and meticulous preparation. Everything must be properly calculated," she said.