"The new version indicates China's strong commitment to opening its market wider."

Wang Zhile, director at the Ministry of Commerce and the National Development and Reform Commission research center for transnational cooperation, saying that the new version of the Foreign Direct Investment Industry Guidelines (2011) published by the government is a positive sign to encourage foreign investors to invest in advanced manufacturing.

"People are saying that in commercial properties, the bubbles are even bigger than in the residential market."

Andy Zhang, managing director of real estate consultant Cushman & Wakefield China, saying that the lavish spending on commercial properties may pose a threat to investors' portfolios.

"I estimate that China's film industry will generate 30 billion yuan in box office revenues within five years, with the number of screens reaching 30,000."

Han Sanping, chairman of China Film Group, saying that the boom in China's film industry will lay the foundation for overseas film producers and global film studios, especially from Hollywood, to look into cooperative projects in China.