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"Guangzhou, as a national central city in the country, has now mapped out its ambitions for the development of its digital and intelligent economy and will introduce more preferential policies to help achieve the goal," Zhang said at a press conference in this southern metropolis on Wednesday.

"Global, economic and questioning" are the three key words used by an Oxford University China expert to describe today's China.

"Governments insist on companies having a presence locally. In addition, you must prove your technical capacity and qualifications, among other requirements, to be considered by utility companies that are largely state-owned. Price is sometimes not the primary issue," Yu says.

"Financing difficulties of high-tech industries discouraged many Chinese companies from (investing in) the industries. The STAR Market, however, has the potential to correct this resource misallocation and therefore notably enhance productivity," Xue said.

"Foreign managers bring a unique set of experience and skill to the Chinese asset management industry, particularly in areas such as quantitative investment. Having a wider set of local and foreign managers managing different strategies in China increases the choice available to investors and, most importantly, it allows investors to diversify their investments," Steel said.