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China's trade policies are market-oriented, with private companies and joint ventures playing a key role. Growth of foreign trade is a natural result of free market competition, once the backbone of the mighty US economy.

Chinese AI companies also see the UK as an important market. Zige, which plans to formally launch Mento in China in November, also plans to launch it in the UK in 2018. Mento was developed to teach language and general knowledge to children aged 4-12.

China's smart speakers market is set to witness steady growth this year as artificial intelligence-powered smart home devices are gaining more traction among tech-savvy consumers, thanks to the rapid growth of voice recognition and speech interaction technologies.

China, following Australia, is the second-largest source of tourists to New Zealand.

China's real estate industry is accelerating its recovery at a high speed. From January to May, the transaction area of residential land in 100 cities across the country was 213.65 million square meters, a year-on-year decrease of 6.2 percent and narrowing from 8.7 percent in the first four months, according to data from Shanghai Yiju Real Estate Research Institute.