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"China still lags behind developed economies in the high-tech sector, so encouraging foreign investment is of strategic significance to catch up with globally advanced technology, as well as promote the development of cutting-edge technology in the manufacturing industry," Wang added.

"Customers' low financial capability as a result of a lack of related education has become one of the key pressures on China's financial inclusion drive," said Mo Xiugen, research head at the Chinese Academy of Financial Inclusion at Renmin University of China.

"Chongqing has a real opportunity to elevate its status into a hub for international logistics," he says in his offices in Chongqing's Jiangbeizui financial district.

"Chinese investors' footprint is spreading across five continents, focusing on not only 'going out' but also upgrading businesses to higher end of the value chain," said Loletta Chow, global leader of EY's China Overseas Investment Network, at a news conference on Thursday.

"Currently, private businesses create 80 percent of China's jobs, but only share 20 percent of the social resources. The president's speech shows that the private sector is an important part of China's economy and the country will continue to support the development of companies in the private sector," Dai said.