The most interesting thing to watch last week was certainly Beijing's Financial Work Conference, despite the debate featured in all the media over whether Starbucks coffee should be driven out of the Forbidden City.

Not all the Financial Work Conference's policy proposals have yet been released to the public, as the nation's key financial institutions are still holding their own meetings to set their work agenda for the year that has just begun.

But whatever the specific policies, the stage is already set for China's domestic capital market to show unprecedented liquidity and become one of the world's main magnets for investor money.