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"By far, average transaction value of institutions that have opened storefronts via Ant platform is 62 times that of those who have not. Besides, the former's asset management scale is 68 times that of the latter," said Huang Hao, president of Ant Financial's digital finance business unit.

"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 already offered more market access to Indian companies, from IT and services to pharmaceuticals to Bollywood films," said Sang Baichuan, director of the Institute of International Business at the University of International Business and Economics in Beijing.

"By setting up vocational education and training centers in accordance with the law, we aim to educate and save those who were influenced by religious extremism and committed minor offenses," he said.

"China is a very dynamic market," Freda said, "we continue to invest in the vibrant opportunity of our second home market."