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"China has been fighting the virus on behalf of the world," said Hassan Ragab, dean of the Faculty of Language and head of the Confucius Institute at Egypt's Suez Canal University.

"China is the leading mobile market in the world today, and has the momentum to lead the global VR market as well," said HTC Vive China President Alvin Wang Graylin.

"But we need governments, international financial institutions, and the private sector to work with us to take full advantage of these advances," he said, listing four ways philanthropic capital can be used.

"China has very, very impressive infrastructure - high-speed rail that would be an asset to the United States. But what they have succeeded in doing is going from very, very human capital poor to one of the better educated emerging economies," he said.

"China has become a very prosperous country and at this moment it is the second biggest economy in the world. I think this is extremely good because China has much that it can contribute towards the development of the world including the developing countries," he said.