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"China is now among the major sources of finance for infrastructure development globally, and Africa has had the access to more than 0 billion in the last 20 years," he said.

"China is in a very different place today than it was some decades ago and is now in a position of global leadership in the technology sector. That's at the core of China's growth model," said David Firestein, inaugural executive director of China Public Policy Center in the University of Texas at Austin.

"By concentrating on selling online, foreign FMCG companies have gained traction in China without the need to build a complex physical route to market model," said Jason Yu, managing director of Kantar Worldpanel Greater China, who is also a co-author of the report.

"China has never succumbed to external pressure," he said, adding that the China-US economic relations are mutually beneficial and win-win, so it is in the interests of both countries and the world to maintain "healthy and stable economic relations."

"China is ready to strengthen communication, exchanges and cooperation with the British side, so as to turn the blueprint of the golden era into more golden achievements," he said.