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"Globalization will be a main future direction for TAL, as we are determined to become a global education technology company," Bai added.

"Generally, most roads in China are fine, the main expressways long and straight," Wu says. "However in Mongolia and Russia the roads can be unpredictable."

"From a long-term perspective, population determines economic growth. Even though it will take a certain amount of time, the number of consumers will determine the potential of economic development in both developed and developing economies," he said.

"Given the ongoing consumption upgrade trend in China, we hope to attract more diverse consumers to Chinese pastry. That's why we started Daotian Riji to promote the aesthetic value of the Chinese dessert in the modern age," said Wang Juanshi, deputy general manager of Beijing Daoxiangcun Food Co Ltd.

"Financing support is indispensable for any country which is at the stage of economic takeoff, especially the initial stage of industrialization. Without financing, it would be difficult for African countries to achieve industrialization and modernization," Geng said.