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Analysts said the participation of Chinese companies in Malaysia's Islamic finance market is in line with Malaysian government policy to promote the country as an Islamic funds hub.

Analysts saw Hema Fresh as the best example of Chinese companies' efforts to push forward smart retail initiatives, which are making Chinese consumers more demanding and sophisticated.

Andy Ho, CEO ofPhilips (China). [Photo provided to China Daily]

Analysts from TF Securities wrote in a note that horse racing and large international sports events should be the two areas that are likely to see rapid development following the announcement of the central authorities' plan. While taking Shanghai (China) Pilot Free Trade Zone－the first of its kind in China－as an example, Hainan still lags behind in terms of the contribution of wholesaling and retailing to local GDP. In this sense, companies related to these two sectors in Hainan will have much room to grow, according to the note.

And Guangdong companies are allowed to use their company funds to help buy commercial pension insurance for high-end talents from Hong Kong, Macao and Taiwan who do not attend the endowment insurance and medical treatment insurance in the mainland.