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"Currently, most of their revenues are from the domestic market," Dai said. "Douyin and Kuaishou have gained popularity in Japan and Southeast Asia, respectively. We expect those Chinese short video apps will see more downloads and revenues generated from overseas markets."

"China will continue to strengthen cooperation with developed countries," he said, adding that European countries, such as the United Kingdom, Austria, Denmark, France and Italy are actively engaged in Chinese science projects and development.

"Content startups are no longer limited to the elites. It is encouraging to see more people explore the market of traditional cultures," said Zhao Zizhong, dean of the New Media Institute with Communication University of China.

"China's adaptations to its welfare system have been researched across the world for over 40 years, its plans have been tested and developed and now its implementation is constantly assessed and alterations are made," Perry said. "China will have the best systems of development and government because its testing is constant and open-minded."

"China resolutely opposes any country taking such freedom as a pretext to conduct illegal and provocative moves in the South China Sea, undermining sovereignty and security of littoral countries, and doing harm to regional peace and stability," Ren said.