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Andrew Monk, CEO of VSA Capital Plc, a London-based investment bank with a subsidiary in Shanghai, said from his observations most of China’s outbound deals along the Belt and Road countries fit into China's strategic development.

And the lower living costs have given rise to higher fertility rates in these regions. The upshot, according to Morgan Stanley's estimates, is that smaller cities could account for 76 percent of overall urban population growth by 2030. That spells huge spending power in the long run.

And, some residents, both local and foreign settlers, are working to raise the remote town's profile, as China Daily's recent interviews indicate.

Angela Zhu, country retail manager of Ikea Retail China, told China Daily in an interview in Shanghai, that the group would also enhance its distribution networks and e-commerce presence in the mainland.

An oil pumpjack and a tank with the corporate logo of state oil company PDVSA are seen in an oil facility in Lagunillas, Venezuela Jan 29, 2019. [Photo/Agencies]