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"By virtue of the Belt and Road Initiative, TCL has accelerated its globalization in European countries through establishing factories and cooperating with local partners to gain more market share in Europe," said Liang Zhenpeng, a consumer electronics analyst.

"But now, it's opting to move forward through mergers and acquisitions, as well as by setting up local companies on its own," Wang said.

"China is one of the countries with the lowest number of gun crimes and is one of the safest countries in the world," Sun said.

"By pushing forward development of the STAR Market, we aim to promote reform of the whole capital market, nurturing more high-tech innovative enterprises and furthering economic upgrading," said Pi Liuyi, deputy director of the China Securities Regulatory Commission's Department of Market Supervision.

"China can use the RCEP as an opportunity to expand opening-up and continue to deepen reforms. Greater opening-up will provide inexhaustible impetus for the country's economic growth," he said.