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"Coming from a developing country, you normally see people confined within their villages and they don't know how to take advantage of global trade," Prompoj said. "Rural Taobao is a powerful first step."

"China's population structure determines that its consumption sector will see rapid growth. During the COVID-19 epidemic period, the Chinese government showed its strong capabilities in relocating resources and personnel, which has further strengthened our confidence to invest in the country," he said.

"China should drive the need rather than being a follower," he said.

"Chinese internet giants are leveraging their own capital and technological advantages to create retail ecosystems, while consolidating offline spaces and upstream and downstream industries to maximize their competitive edges," said Jennifer Ye, PwC China consumer markets leader.

"China's outbound direct investment will no longer just focus on Africa's infrastructure, energy, manufacturing and agricultural fields. Chinese companies have already begun to deploy more resources and manpower in Africa's services sectors as its economy has already diversified," said Yu Jianlong, secretary-general of the China Chamber of International Commerce.