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Chinese commercial banks are strengthening supply chain finance with the help of technology to solve difficulties at private enterprises, especially small and micro-sized businesses.

Chinese law also stipulates that charities must not arbitrarily change the use of donated funds and items or designate interested parties as beneficiaries. The handling of donated funds and items must also respect the will of donors.

Chinese companies are also building roads and helping cities establish sustainable transit networks with electric buses, allowing countries like Chile to make significant development progress, said Perez.

Chinese investment in both Europe and Africa saw an over 70-percent increase in 2017, with the former reaching a new record high to .46 billion, said the report.

Chinese companies are now benefiting from favorable government policies, a growing demand for tailor-made AI chips and the country's huge digital population, which lay a sound foundation for large-scale AI applications.