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And if he could discuss the trade dispute with Xi, Kimberly said he would say that he hopes China and the US can work it out. "We know that is what's best for both China and the US. It's a great relationship and we just want that to continue," he added.

And the tourism industry may face a shakeup, as foreign entrants, such as American Express, Germany's Touristik Union International and Japan Travel Bureau Foundation, could invest a lot to expand their sales network either built on their own or through acquisition, Liu Simin, a researcher at Beijing Foreign Studies University, said. But they also have to be ready for a long battle and understand Chinese market, Liu added.

And via the function of translation, Dar found it quite easy and efficient to understand what his friends were saying on WeChat, no matter it was in Chinese or in other languages, making possible communication without any barrier.

And authorities in Shenzhen, Guangdong province, are coming up with a raft of measures to stimulate the business.

Analysts agree that the adoption of the registration-based system on a wider scale will make it easier for companies to be listed and help steer the capital market to shore up the real economy.