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As conventional investments like stocks, bonds and realty lost some of their allure due to reasons like risk, market volatility and low returns, WMPs and the like appear to be the preferred destination of investors seeking high returns, experts said.

As for the US government's decision to levy a 25 percent tariff on imported steel, Jia said the steel products that will be used in CRRC MA's production partly come from the US and partly from China. "The steel tariff has less of an impact on us," he said.

As a pioneering city in China's reform and opening-up, Shenzhen boasts global competitive advantages in technology research and development, industrialization and international expansion. It is also a key city in China's Guangdong-Hong Kong-Macao Greater Bay Area.

As better IPR protection has evolved Guzhen into a leading innovator in the global lighting industry, the IPR protection center has started to deal with disputes in which foreign companies have copied Chinese products, said Zhang Binghui, deputy head of the center.

As ambassador and permanent representative of Benin to the United Nations offices in Geneva, Laourou chaired the WTO's review session on China's trade policy on Wednesday and Friday.