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Ant Financial Services Group, which operates mobile payment tool Alipay, is powering Pakistan's first cross-border remittance service using blockchain technologies, marking a major milestone in the country's journey to promote financial inclusion.

Apart from responding to the COVID-19 pandemic, they also stressed cooperation in the fields of emerging technologies and artificial intelligence.

Apart from focusing on middle-income earners, China's millennials will have more purchasing power because many of their parents not only own an apartment but are not weighed down excessively by accommodation or mortgage concerns, said Ma Yu, a researcher at the Beijing-based Chinese Academy of International Trade and Economic Cooperation.

Apart from sanctions, Chen said China will not rule out the possibility of taking other actions as well. "The PLA has the means, capability and will to safeguard national sovereignty and territorial integrity. This determination and ability should not be questioned," he said.

Apart from subtle enhancements in life, internet has taken on more noble undertakings. Companies help farmers peddle their produce through e-commerce platforms and predict sales using algorithms and data analytics. Alibaba said 33 million people have thus become self-employed using its platforms, which is in line with the broad national goal of poverty reduction.