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"Globalization presents incredible opportunities and maximizes value on global economy. Technology transfer is a huge opportunity and we can exploit sectors like agriculture, infrastructure and women entrepreneurs to fight inequality," Senbet told Xinhua.

"For example, if a vehicle manufacturing factory comes up in an industrial park in Africa, downstream enterprises, including auto parts makers, are very likely to follow suit. Thus, an African country could rapidly build up a complete supply chain for the auto industry," he said.

"For Chinese companies, especially private firms, lack of product originality and gradual loss of cost advantages were the biggest bottlenecks which will greatly hinder their development on the global stage," said Zhou Qiren, a professor at the National School of Development at Peking University.

"Globalization is an important part of Tencent Cloud's strategy," said Qiu Yuepeng, vice-president of Tencent and president of Tencent Cloud.

"Furthermore, we'll focus more on legal issues on emerging technologies and new industries, promoting legislation on foreign affairs and balanced development between regions," Yue said.