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"China is a country really heavily investing in its talents. And because the credential is globally recognized, it shows China's openness of business to the rest of the world," he told China Daily.

"China is very well positioned to develop its Pillar Two and Pillar Three pension systems, which can lower the pressure on the government and help people lead better lives after retirement," Schaaf said.

"China has made tremendous progress in the culture and creative industry over the past 40 years — especially in the areas of design, fashion and modern art," Howkins said.

"China owns the world's largest esports audience. In 2016, there were 106 million people watching related competitions," he said. "We predict at least till 2021, China will still be home to the world's largest number of gaming fans, with their number reaching 218 million. There is a huge potential for the industry."

"China Mobile has made a bigger investment in 5G tests and experiments, compared with its rivals, including China Unicom and China Telecom. Moreover, China is in the forefront of 5G technology around the world, possessing a right of speech in the establishment of 5G international standards," said Fu Liang, an independent telecom analyst.