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"China is way ahead in terms of payment technologies and preferences," Tubb added. "Currently, our focus is still taking Chinese merchants to overseas markets. And more and more, we see the rise of markets alongside the Belt and Road Initiative digital route."

"China Gathering," a platform to gather the Chinese companies and a bridge to connect them and the world market, was officially introduced in 2017 at SXSW. It aimed to guide and assist innovative companies from China, as well as present them and share their voices and industry views.

"China is by far the largest market for mid-sized premium sedans. With Model 3 priced on par with gasoline powered mid-sized sedans, we believe China could become the biggest market for Model 3," the carmaker's financial statement said.

"But the mobile payment system in African nations is quite advanced, and as the first Chinese e-commerce company operating in Africa, Kilimall has set up its warehouses in Africa and offers sameday and next-day delivery services," he said. "We aim to cover the entire continent by 2021."

"China follows its own path," he said, referring to socialism with Chinese characteristics.