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"China's financial assistance addresses the all-around challenges such as poverty, disease prevention, limited trade and investment channels, weak infrastructure and industrial foundation to many developing countries and regions today," said Xing Houyuan, a member of the expert committee of the Beijing-based China Council for the Promotion of International Trade.

"Considering the frequency of cases in which children were assaulted or trafficked, we've worked with schools to jointly prevent and punish crimes against minors by establishing a database of sex offenders and a relevant inquiry and restriction mechanism for candidates seeking jobs related to minors," Shi Weizhong, head of the new department, said in December.

"Compared with its rivals, VIPKID has gained a lead. However, it faces some challenges in that the company is trying to expand its business to small-size private classes," he said.

"China's role in VR development has been on the rise－95 percent of the world's VR equipment is produced in China, and much VR content in app stores now comes from Chinese developers," said Graylin. HTC currently accounts for 35.7 percent of the global VR headset market and about 52 percent of the market in China.

"China was not rich at that time, but decided to build the Tanzania-Zambia Railway," he said, noting that the reason to build the railway was to break colonists' suffocation of Zambia.