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"Governments can foster market-oriented development and broad-based growth by creating rules that help businesses launch, hire and expand," World Bank Group President David Malpass said. "Removing barriers facing entrepreneurs generates better jobs, more tax revenues and higher incomes, all of which are necessary to reduce poverty and raise living standards."

"Financial institutions from both sides would like to do more business all around the world, including in each other's economy," Mann said. "Having more access and more ability to do business in either side's market is an advantage for both sides."

"For example, two documents were found to contradict each other," he said. "Some departments intend to protect their own interests by seriously harming residents' interests or breaching laws while making guidelines."

"Given the gradually rising, yet considerably tame outlook for inflation in 2020, we believe the Federal Reserve is likely to sit on the sidelines throughout the year with interest rates remaining steady at the current 1.5 percent to 1.75 percent," the S&P Global analysts said.

"From my understanding, the 'special' transfer means all funds need to be transferred rapidly, from the high-level government to the grassroots, without any intermediate link. And a special supervision system is needed to ensure the efficiency of the fund usage, avoiding retention of funds by the mid-level government," said Su.