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"Hainan will further expand its connections with countries and regions participating in the Belt and Road Initiative to open itself further," Shen Xiaoming, governor of Hainan, said on Monday during a panel discussion at the four-day Boao Forum for Asia Annual Conference 2018, which closed on Wednesday.

"For Latin America, China's development brings opportunities rather than threats," said Mexican Ambassador to China Jose Bernal.

"For China, our financial market is an important opportunity to grow their financing sources, because they have got a lot of investing to do and they need access to world money, especially from the bond markets that we are so capable of here," he said.

"Foreign investors' confidence and interest in the Chinese market have considerably increased after the nation expedited financial and automobile sector opening-up," said Shen Yuxin, a partner with the United Kingdom-based Freshfields Bruckhaus Deringer LLP.

"Following years of opening up and reforms, China's competence in the financial sector has been significantly improved and is able to face more competition from the global market," said Wang Jun, chief economist with Zhong Yuan Bank, a commercial lender based in Zhengzhou, Henan province.