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And the Traditional Chinese Medicine Science and Technology Industry Park of Cooperation between Guangdong and Macao is now being supported by 126 companies. The park covers an area of more than 500,000 square meters.

Analysts from Morgan Stanley Huaxin Fund Management Co Ltd wrote in a note that Chinese people will allocate more of their household assets to equity investment in light of the low interest rate at the moment. As the market sentiment stabilizes, additional capital will continue to flow into the A-share market, which will bolster the positive, long-term outlook for the A-share market.

Analysts attribute the profit growth to the bullish A-share market in March. According to Bloomberg, average daily stock turnover of the market hit 887 billion yuan in March, or 50 percent higher than in February, driving brokerage revenue up.

Andrey Kononuchenko, an engineer in the enterprise business section of the company, comes from a small town located 250 kilometers away from the capital, Minsk. He has been working for Huawei for more than six years.

Analysts: Move is positive for trade ties, helps meet domestic demand