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Apart from the relaxed grip on foreign financial institutions in China, opening-up also means Chinese financial organizations will be allowed to reach overseas markets, said Zhou.

Apart from his monthly salary, Yang also earns from his land transfer, as he became part of the rural cooperatives that share about 5,000 yuan dividends per year.

Anthony Wu, leader of the A-share Capital Market unit of Deloitte's National Public Offing Group, said adequate liquidity and mature investment sentiment have helped the A-share market to witness record highs in terms of number of IPOs and financing amount.

Another major play NetEase reported a net revenue of 8.11 billion yuan in the third quarter, up by 23.5 percent year-on-year, according to tech.163.com, NetEase's online news portal.

Another factor is the assistance that the bureau has been providing people from low-income families to find jobs. According to the city's policies, the local government will ensure that at least one person from a low-income family lands a job within one month if his or her other family members are unemployed.