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As African countries diversify their economies away from primary sectors such as mining, Chinese private entrepreneurs are finding opportunities in the budding manufacturing and service sectors, helping speed up the continent's economic growth.

As China's current urbanization rate is about 61 percent, lagging behind the 75 to 80 percent in developed countries, the income growth potential is huge, yet about one-third of China's city dwellers are migrant workers, who work in cities but spend a limited amount of their income there, he said.

As China's forex market is growing more mature, the market is expected to remain stable with strong resilience and stability despite the epidemic impact, Wang said.

As China's demographic dividend is disappearing and there is greater regulation regarding game content, increasing numbers of Chinese game companies are accelerating their efforts to expand abroad, aiming to gain new momentum from overseas markets. And many have already reaped the rewards.

As Chinese companies diversify their assets, he also expects the increasing outward direct investments into the region.