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To accelerate the process, Ho called for more of Macao's young people to seek development opportunities on the Chinese mainland, a much-vaster market. Whether to expand businesses, or simply get a first-hand experience of the nation's development, going to the mainland is a matter of course, said Ho.

To achieve this target, financial institutions could cut interest rates, use the monetary policy tools which directly support credit, and reduce some service fees, Yi said at the forum.

To control financial leverage and further tighten regulation will remain the theme in 2018, said Zhao Yang, an economist from Nomura Securities, including reducing corporate debt ratio, reining in the rise of household leverage, bringing down interbank investment, and strictly regulating cross-market financial products.

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To beef up its development, the municipal government released in April new regulations on bolstering Shanghai's science and technology advancement. The city pledges to nurture high-tech enterprises, provide R&D subsidies and introduce preferential income tax policies for high-tech enterprises in order to provide fair and inclusive support for enterprises' scientific and technological innovation activities.

To curb market irregularities, the CSRC last October set up a new committee in charge of reviewing IPO applications. The committee has the ultimate say in deciding whether a company is qualified to go public in China. It also regulates fraud.

To further expand its production capacity and diversify its product portfolio of special gases, the institute has firmed up a structured plan.

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To bolster private consumption, about 3 trillion won was allocated to providing gift vouchers for low-income households and elders, and offering childcare subsidies as well as a tax refund on the purchase of energy-efficient home appliances.

To avoid crowds gathering, Wtown is strictly controlling the number of visitors and requiring them to wear face masks and keep a safe distance of at least one meter. Guests will also have to sit apart while riding in electric sightseeing vehicles and cable cars.

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To achieve the full potential of the BRI, the report called for joint efforts from China and other participating economies to adopt deeper policy reforms, and adhere to high quality standards of transparency, environmental, social and debt sustainability.

To deepen engagement between merchants and buyers, host city Shanghai is scheduled to kick off 30 investment promotion activities held in October and November, said Luo Zhisong, director of foreign affairs at the municipal commission of commerce.