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"But the mobile payment system in African nations is quite advanced, and as the first Chinese e-commerce company operating in Africa, Kilimall has set up its warehouses in Africa and offers sameday and next-day delivery services," he said. "We aim to cover the entire continent by 2021."

"China is dedicated to the education of outstanding athletes at universities with good command of professional knowledge and physical skills," said Xue Yanqing, vice-president and secretary general of the Federation of University Sports of China .

"But, over the next decade, the Chinese stock market will offer more investment opportunities than the housing market", as excessive money supply－the major driver of property prices in the past decade－will not continue.

"China has been fortunate that it has been able to maintain phenomenal growth in its economy so that over a period of years every sector has seen significant benefits," he said.

"China and the US are probably neck and neck right now in terms of research and innovation in the area of artificial intelligence," she said.