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Solheim said operationalization of the center will facilitate transfer of skills, technology and expertise required to tackle threats to ecological sustainability in the world's second largest continent.

Michael Chong is thinking the other way around.

"That singular achievement is something China can be proud of. But does the world know about it? I doubt it," he said. Much more work needs to be done in closing the "information gap," and the focus should be placed on the people, especially ordinary people, he added.

China's tremendous achievements and rapid developments over the past 40 years benefit from its reform and opening up policy, Li explained.

In addition, Japanese yen weakened over 2 percent, resulting in write-downs in the yen assets China held with its forex reserves.