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Another approach to providing legal services of higher quality to foreign businesses and individuals is to promote joint ventures between local and foreign law firms, he said.

Another example is the establishment of a strategic joint venture with telecom providers PCCW and HKT, as well as the financing arm of online travel agent Ctrip, to deliver a new stand-alone digital retail bank in Hong Kong.

Another goal of restructuring is to reduce excess capacity in the steel, coal, glass and cement industries. According to Ministry of Industry and Information Technology spokesman Huang Libin, "In the first quarter, the comprehensive utilization rate of the steel segment recovered to about 80 percent, a reasonable range." Overall industrial capacity utilization rose to 76.5 percent, up by 0.7 percentage point year-on-year.

Another new line, the northern extension of Beijing's new airport line, will measure about 3.5 km. This line is expected to link Line 14 and Line 16 which are under construction and the proposed Line 11.

Apart from the supply end, other studies show that customers are avidly embracing the trend and willing to pay for the idea of sustainability.