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And by further bolstering services trade, China is actively optimizing its trade structure, and deepening its participation in the global value chain.

Analysts worry that a US withdrawal could trigger an arms race worldwide.

Analysts believe a recovery in global demand and the upcoming BRICS summit will inject a boost to trade growth for the rest of the year.

Analysts point out that easing ownership control is just one initial step, and foreign investors still have a long way to go to make money in the growing securities trading market.

Anand noted that the latest BRICS summit will help deepen the partnerships among BRICS countries, especially in terms of economic and trade cooperation.