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"For example, in the past, our customers in Thailand had to swap Thai Baht into US dollars. Then we swapped US dollars to renminbi. Now, our clients simply need to swap Thai Baht to renminbi. By doing so, settlement efficiency is increased and risks of exchange rate fluctuation are reduced," Yao said.

"Half of the FTZs in the latest batch are located in border areas, reflecting the strong confidence of China's opening up," said Zhou Fangyin, a senior researcher with the Guangdong Institute for International Strategies.

"For example, in Shanghai, we invite professors to speak about the folk customs and history of the old city. It's not always about promoting books, but to add a cultural atmosphere to the bookstore. We are also building up a social circle for our readers with the same interests," Zhang said.

"For liquid pads, we saw sales revenue expand twofold a year after the product was launched in China. We plan to increase the marketing and sales of liquid and organic cotton pads in smaller Chinese cities and rural areas as we have seen huge demand there," Yang said.

"For many Chinese, mobile payment has become an essential part of their everyday lives. It not only changes the lives of young people, but also provides convenience for the elderly," said Zhang Jianjun, an economist based in Gansu.