No 2 Belt and Road Initiative to expedite China's innovation at scale, and its impacts to the world.

The WeChat Pay sign in a South Korean duty free shop. Photo undated. [Photo/CRIENGLISH.com]

By 2020, China's top 500 enterprises will derive over 30 percent of total revenues from overseas business, according to IDC China.

It added that China's bullet train, ultra-high voltage power transmission, online shopping, mobile payment, robotics, semiconductor chips, biomedicine, aerospace and internet of things industries will continue to penetrate global markets, especially in countries involved in the Belt and Road Initiative while policies and business models related to Internet Plus, big data, artificial intelligence and consumption upgrade will also influence the world at a large scale.