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"Chinese consumers are looking for superior quality, safety and efficacy, they want formula transparency and are passionate about acquiring professional knowledge," he said.

"China will clean up existing laws and regulations that go against pre-establishment national treatment, while expediting the making of detailed regulations by the end of this year," Zhang said. Pre-establishment national treatment means foreign investors are treated the same as their domestic counterparts before and during the approval process.

"China will contribute to implementing the Belt and Road legal cooperation research program, and support the legal ability and international legal personnel training along the Belt and Road."

"China's wealth management industry will embrace a historical transition of business models and a comprehensive restructuring of its ecosystem. The establishment of ABC Wealth Management is an important measure taken by the Agricultural Bank of China to carry out supply-side structural reform in the financial sector, further implement new regulations on the asset management industry, push for high-quality development of the real economy, and actively tackle changes in the wealth management industry," said Zhou Mubing, chairman of Agricultural Bank of China, the country's third largest commercial lender by assets.

"China's energy mix has continued to improve, with the acceleration of greener growth and a low-carbon model," Li said.