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But some experts say that is just one way of looking at the issue. "Tai chi has many varieties and what people are practising nowadays is an exercise to improve mental health," said Liu Haoming, owner of San Feng Tai Chi Club, a Beijing-based school.

But the 2015 decision to acquire Annapurna Labs might go down as one of the shrewdest investments in Amazon’s history, given the flexibility that team has given AWS. Not only did the Annapurna team design Graviton, it also paved the way for the chip to get up and running quickly within AWS’s cloud services thanks to its work on the Nitro chipset, a system of hardware and software that integrates a processor within a server.

By 2050, China aims to be one of the world's primary scientific research and innovation centers, with a huge output of original, groundbreaking research from world-class scientists, he said.

By 2035, high-level process supervision will be mostly built to achieve free trade and investment, free cross-border capital flows, free and convenient transportation and access for people, and safe and orderly flow of data, according to the mega plan for the Hainan Free Trade Port.

But the trend also poses great challenges to newcomers, as they require innovative tech breakthroughs, such as adopting blockchain technology to manage patients' records, to attract funding and investment, and to compete with established market players, Zhuang said.