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"China is resorting to SOE mergers and acquisitions to create more global powerhouses with competitive edge and to further the supply-side structural reform," said Yu Xubo, president of COFCO Corp, the country's biggest agricultural products supplier by revenue.

"But today is maybe emblematic of what's coming down the line," Beck said. "We may be able to expect to see more actually happening."

"China has not yet launched a unified framework for regulating systemically important financial infrastructure, but efforts are being made toward this direction," said Yin Zhentao, a researcher at the Chinese Academy of Social Sciences' Institute of Finance and Banking.

"China is in a very different place today than it was some decades ago and is now in a position of global leadership in the technology sector. That's at the core of China's growth model," said David Firestein, inaugural executive director of China Public Policy Center in the University of Texas at Austin.

"CIIE is a gateway for international companies to develop business in China," said Richard Hausmann, president and CEO of Elekta, a manufacturer of radio surgery and related cancer-care equipment in Stockholm, Sweden.