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"China's experience provides valuable lessons to authorities in other countries who are fashioning their own pathways toward sustainable and long-term financial inclusion," it said.

"Confucianism is about being a good person by emphasizing the virtues that go together with creating a society that's harmonious. It's a wonderful value system, and each individual does better when people around us are doing better. Connectedness and shared interest is very central to Confucianism," Angle said.

"Compared with its indigenous app, the site's conversion rate, or the percentage of people placing orders among all browsers, more than doubled (during the following two months)," said Wang Fei, head of marketing and overseeing "mini program" development at Mogujie.

"Chinese B2B companies today care more about their reputation and sustainable connection with partners and consumers in overseas markets. They are keen to transform their products into brands," said Cai, adding digital marketing methods are key to restoring their earning ability in a smart way.

"Ctrip maintained healthy revenue growth and achieved continual improvement in operating efficiency," Ctrip CEO Sun Jie said. "We are confident that Ctrip will generate long-term value for shareholders in the years to come."