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China's unprecedented measures to contain the spread of the virus and the subsequent proactive economic policies to stabilize growth and cushion the negative impact on people's lives, have also boosted the attractiveness of Chinese stocks and assets amid the increasing uncertainties in other markets.

China's producer price inflation eased in April thanks to falling international commodity prices, while consumer price inflation rose moderately in the same month, according to data released on Wednesday by the National Bureau of Statistics.

Chinese AI companies also see the UK as a strategically important market. Zige, which plans to formally launch Mento in China in November, also will launch it in the UK in 2018. Mento was developed to teach language and general knowledge to children aged 4-12.

China's plans to bolster its business environment for both foreign and private investors have also been recognized by the World Bank. In its survey report which was published earlier in November, China was ranked 46th, up from 78th last year, in terms of the ease of doing business. The bank also hailed Shanghai's progress in improving the efficiency of the business environment.

Chinada's success shows how companies are increasingly harnessing technology to teach languages. It also highlights the huge interest among South Koreans in learning Chinese as they eye business and employment prospects in the world's second-largest economy.