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Ant Financial's Alipay held 55 percent of China's mobile payments market in 2016, down from 68 percent just a year earlier, according to iResearch Consulting Group. Meanwhile, Tencent's climbed from 21 percent to 37 percent from 2015 to 2016.

Apart from signing a number of business contracts with China's SOEs such as China National Chemical Corp and China Eastern Airlines during the third CIIE, Honeywell International Inc, a US-based industrial conglomerate, is planning to either expand production lines or better optimize resources of its 21 plants in China, in order to enhance productivity and serve customers in a more efficient manner, said Scott Zhang, president of Honeywell China.

Apart from masks, Gejian also produces mask-making machines, goggles, thermodetectors, air purifiers and other protective equipment.

Anirudh Singh, another participant, was able to recount the origin of the Dragon Boat Festival. "The fishermen threw rice in the river to make sure the fish didn't eat Qu Yuan's body, right?" He said. "I learnt all about it before I came here."

Another important policy will be the pooling of fiscal resources under unified plans. From 2016 to the end of September this year, the 832 poverty-stricken counties have streamlined more than 1.5 trillion yuan of funds, prioritizing and concentrating on the task of poverty alleviation, officials said.