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"China's forex reserves will stay generally stable despite fluctuations," said SAFE.

"Compared with the existing ChiNext board that's heavy with innovative, high-growth companies, the new board will feature the registration system, and thus attract investors with higher risk tolerance and investment expertise," Dong said.

"China will open up more investment areas and loosen many restrictions on existing industries, and this will present many opportunities for foreign companies who are interested in this huge market," he said.

"Collaborating with outstanding partners like WaveForm is a highly important cornerstone of Bayer's strategy to transform innovation into meaningful solutions for patients," said Marianne De Backer, member of executive committee of Bayer's Pharmaceuticals Division and head of Business Development & Licensing. "China is a key focus of our partnering efforts and we are continuously looking for partners developing digital technologies."

"Companies should invest and establish more testing sites that imitate different traffic scenarios rather than testing their vehicles on urban roads prematurely," said Lin Jian, a senior engineer in the automobile engineering department at Tsinghua University.