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"By cooperating with local financial organizations, Hong Kong and Macao young people will have better access to financial support for their businesses in Guangzhou," said Lin Huibin, director of the Guangzhou Tianhe Hong Kong and Macao Youth Association.

"China may increase the interest rates for open market operations following the possible US rate hike, but in a moderate way, a similar move as it took in December and March," said Yang, who also suggested a further cut in the cash that banks set aside as reserves when liquidity risk increases.

"China has played a very important role in enhancing multilateralism in the global economy," he told Xinhua.

"China is opening a door in Latin America and the Caribbean that leads to progress in development, and provides opportunities for countries such as Mexico, Brazil and Argentina that need to diversify their economies," Mexican expert on international relations Ulises Granados told Xinhua News Agency.

"China has an aging population and declining birthrate, making it more important for people to build wealth and plan for their retirement. That means they will have to make a shift from savings to making more financial investments," he said.