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Analysts say the new rules will benefit China's NEVs industry, prompting auto manufacturers to upgrade technology to meet the subsidy requirements.

Angot, 26, had returned to France for further studies and started a company specializing in e-health after graduation, but realized that it would be a better choice to come back to China.

Analysts pointed out that the congress has not only opened a new chapter for China's development for the new era, but also has contributed Chinese wisdom and solutions for the world at a time when global economic growth still faces uncertainties.

And on global economic status, about half of Filipinos (49 percent) say that the US is still the leading economic power, but that is down from 66 percent who said so in 2015. A quarter now name China as the world's leading economy, up from 14 percent the last time the Philippines was surveyed.

Andrew Karolyi, a professor of finance at Cornell University, said investors will welcome the action largely because it appears to be tied to an impending agreement set to normalize trade relations with China."These steps individually and together help to reduce global trade policy uncertainty, something markets have been craving for months," Karolyi told China Daily."It is more than just symbolic, as lower trade policy uncertainty likely means more trade flows and greater cross-border portfolio and corporate investment flows, all of which stimulates more economic growth," he said.