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Significant amounts of goodwill and precedents are already underway. Speaking in Tanzania in March 2013 during his first visit to Africa as president, Xi Jinping pointed out that cultural and people-to-people exchanges were the pillars on which to build lasting Sino-African ties. At the 2015 Forum on China-Africa Cooperation Summit in South Africa, people-to-people exchanges were listed among the 10 major plans to anchor ties between Beijing and different African capitals.

Shoppers look at a foldable 5G smartphone at Huawei's flagship store in Hangzhou, capital of Zhejiang province. [Photo by Long Wei/For China Daily]

Similar stories can be seen in other farming and fishing villages in Shenzhen, which borders Hong Kong to the south. Their rags-to-riches transformation came after the Chinese mainland announced its reform and opening-up policies in 1978 and designated Shenzhen as the first of its Special Economic Zones, which enjoyed more market-oriented and flexible economic policies to attract foreign investment.

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Simon Lance, managing director for China at Hays Specialist Recruitment, a UK-listed multinational company, called it a positive move that will drive innovation and boost more cooperation between Chinese and foreign headhunting companies.

Signs of a thaw were seen on the Korean Peninsula as top DPRK leader Kim Jong Un said in his New Year's address that his country was willing to dispatch its delegation to the South Korea-hosted Winter Olympics set to kick off in February.

Shenzhen has developed from a small town into a metropolis of international influence, and the market has maintained a decisive role in Shenzhen's resource allocation. Huawei, Tencent, Dajiang, BYD and Evergrande are successful cases of private enterprises and joint-stock system in Shenzhen, said Song Ding with the China Development Institute.

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Since 2005, China has invested in 293 FDI projects in Africa, totalling an investment outlay of .4 billion and creating 130,750 jobs, according to the report.

Since August, three rounds of relief measures of more than HK billion have been rolled out, covering sectors bearing the brunt of the social unrest such as retail, catering, transport and tourism.

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Shortly before Morrison's statement, the government unveiled a A$5 million (0 million) aid package for airlines, including waivers on domestic air traffic control fees. Virgin Australia Holdings Ltd has suspended all international flights from March 30 to June 14, while Qantas Airways Ltd has cut its international capacity by 90%.

Shenzhen implemented the same policy in 2014 with 100,000 released each year, including 20,000 for new energy vehicles.