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"From a global perspective, cutting individual income tax is an effective measure to implement proactive fiscal policy. It can raise disposable income, with the objective of boosting consumption and increasing aggregate demand," said Liu Yi, a professor at Peking University's School of Economics.

"For example, in the planning of Xiongan New Area, in the past we could only analyze the climate and the geographic features," she said. "But now we can be specific to the actual demands of the citizens and companies, and make detailed plans for every inch of land."

"For China, the corridor will help to bolster the development of connectivity in the region and achieve common development and prosperity for all countries," he added.

"From the investors' point of view, it's been quite a while since a blockbuster messaging app has surfaced since WeChat and created such a buzz on social media... It has certainly piqued their interest," he said.

"Green manufacturing is a strategic choice for textile industry because no matter products or manufacturing process we must make sure they are green and environmentally friendly. To make sure the products are good for people's health and production process doesn't harm the ecosystem is our inevitable responsibility and we need cross-industry cooperation to integrate resources. The GMAC provides a good platform and we come to learn and look for opportunities," said Sun Huaibing, vice president of China National Textile and Apparel Council.