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And all of that activity comes as Microsoft is preparing to renovate its massive Redmond, Wash. headquarters campus. Microsoft also recently announced plans for a new 0 million Canadian headquarters in Toronto, joining other tech giants like Google and Uber in planting flags in the city.

An old Chinese saying goes, "When you drink from the well, don't forget the people who dug it." It is a philosophy fully embraced by Badro, a rags-to-riches businessman and philanthropist.

Analysts believe more measures are in the pipeline. The negative list that determines where foreign participation is prohibited or limited is expected to become shorter. Foreign investors will see more favorable policies in taxation, less red tape in investment approval, and stronger protection of intellectual property rights.

Analysts at Shanghai Chongyang Investment Co, an asset manager, said in a research note that the bond market may bear short-term pressure as some financial institutions would seek to sell bonds in compliance with the new regulation. They added that mid- and long-end interest rates in the market will likely remain at a high level.

And the report highlighted China's progress in areas, including starting a business, dealing with construction permits, getting electricity, protecting minority investors, paying taxes, trading across borders, though dealing with construction permits in China still ranks at 121, with 20 procedures in order to obtain all permits and authorization to build a warehouse here, compared with an average of 15 procedures in East Asia and Pacific region.