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Apart from a series of reform measures already released, the CSRC is stepping up efforts to form an action plan to improve the quality of listed firms.

Anura Banda, CEO of Beijing Heavenly Trade Co Ltd, points at a globe showing the 'Tea Road' from Sri Lanka to China at his office in Beijing, China, on April 19, 2017. [Photo by Li Xiupeng / chinadaily.com.cn]

Another factor that may have influenced her to head to Beijing is the increasing popularity of TCM worldwide because of rising demand for both its doctors and medication. This in turn is being influenced by the increasing importance of China's Belt and Road Initiative.

Another signal suggesting a lowering of lending rates is that the PBOC showed less concern over inflation. It said in the report that the recent rise in food prices is likely to be contained.

Another driver is an ever-expanding demographic that is defined as three-generation travel. This refers to travelers seeking more spacious hotels, with an increasing variety of needs, and more leisure time, unplugging from stressful urban life and relaxing with family and friends, Schroeder said.