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"China has an edge over many other countries in terms of promoting the development of open banking, since Chinese bankers are embracing change with an open mind," Wang said.

"China is ready to work with countries where projects are based to prevent environmental problems through effective measures," he said.

"Central banks in major countries have been forced to adopt monetary easing. Considering the condition of the foreign exchange markets and the trend of capital flow, now is a comfortable time for China to loosen monetary policy. I don't see a reason for China not to do so," Zhang said.

"By threat of sanctions, confiscation of assets on US soil and other economic and political measures directed against Hong Kong officials and other Chinese officials, the bill seeks to determine which laws the Chinese city will legislate..." he said.

"China is now very much on the radar of the regional snow holidaymaker and (becoming) an emerging future powerhouse for winter holidays," he said.