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"China will definitely lead the world on many environmental issues ... and it is still a major supplier to the world economy. So you can imagine its power to move markets and change behavior when the country decides to go green."

"China's rejection will only push the global waste recycling technologies to make breakthroughs," he said. "Yet, for some countries that habitually export solid rubbish to China, it is hard to accept this reality."

"Considering the current market environment, online sales prove an advisable way to lower customer acquisition cost," said Shen Xiaoling, an analyst with Shanghai-based CRIC.

"Crude futures will become an important channel for foreign institutions to access China's market. With all these international institutions, China's futures market will become more influential."

"Creating long-term productive assets requires wise and patient capital - a difficult challenge, and this is the reason that there is such a vast global deficiency in infrastructure investment. So Chinese capital and know-how are very important to fill this gap," he said.