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"Commercial endowment insurance will be vigorously developed. In the past few years, new industries and new business models have emerged as China deepens reform of government functions and encourages entrepreneurial and innovation activities nationwide," Li said.

"Collaborations like this are very critical, because together we'll be able to get there faster," said Hua. "I think American startups certainly should be going to China to exploit the opportunities to get funding or partnerships."

"China, where Confucius was born, is the best home for this book," Laurent Bili, French ambassador to China, said at Wednesday's ceremony in the library. "The high value of this first French translation of Confucianism is immeasurable."

"China's total logistics expenditure accounts for about 15 percent of its GDP. The smart logistics sector is a multitrillion market."

"Chinese mainland A shares on Monday have a chance to reflect the central bank's targeted reserve requirement rate cut during the holiday," said Hong Hao, chief strategist at BOCOM International Ltd.