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"China is now among the major sources of finance for infrastructure development globally, and Africa has had the access to more than 0 billion in the last 20 years," he said.

"Buying a gaming PC is expensive, but everyone now owns a mobile phone, so any kid can get a cheap mobile and start playing games," he said.

"China is determined to be at the forefront of this change, with the announcement plastic bags will be phased out in major cities by year end just the latest development. As the BRI continues to evolve, I expect sustainability to be a driving force for its growth and expansion in the decade ahead," Wong said.

"But there are some issues that divide us," including the set of tariffs China imposes on US exports, some standards China imposes particularly on food items, and intellectual property rights, the technology transfers and cyber security, which Ross said are "essentially the basis" for the US' planned hefty tariffs on billion worth of Chinese goods.

"China is fast becoming a global hub for innovation, particularly in the field of AI," said Zhu Wei, senior managing director and chairman of Accenture China, while noting Chinese companies have demonstrated great determination to digitize their organizations amid the current complex business environment.