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As the fresh new scheme takes time to be tested, only a handful of companies will have IPOs in London and China in the short-term, according to Stanislas Beneteau, regional head of financial intermediaries and corporate clients at BNP Paribas Securities Services.

As there is still work to be done to improve monetary policy transmission mechanisms－or to funnel additional liquidity into the real economy, particularly small businesses and infrastructure investment, interest rate cuts may translate into asset bubbles, instead of stronger economic expansion, Zhang Jun wrote in a note.

As the nearest port to the estuary of the Yangtze, the ice-free Taicang port has a coastline of 38.8 kilometers. Titled a "golden port "of the lower reaches of the Yangtze, it also serves as a turning basin for ships with weights of up to 50,000 tons.

As two major civilizations and forces, Wang said China and Europe stand together for a multipolar world and greater democracy in international relations, for multilateralism and the basic norms of international relations, and for free trade and an open world economy.

As such, the products themselves are not to compete with each other directly.