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"China will end domestic poverty by the end of this year, which makes the nation a front-runner in reaching the UN's 2030 Sustainable Development Goals," said Song Tao, head of the International Department of the Communist Party of China Central Committee. "We would like to share our experiences with other countries around the world."

"Compared with conventional charity patterns, online charity is more convenient, accessible, efficient and transparent," Zhao Wenpin, associate professor with the Party School of the Communist Party of China Shanghai Municipal Committee, told the paper.

"Consumers ask for high-quality, better experiences and more targeted services, which brings opportunity for talent with multiple and professional skills," he said.

"China's remarkable progress in reducing extreme poverty has significantly contributed to the decline in global poverty," said Hoon S Soh, World Bank program leader for economic policy for China.

"Churchill went through a lot of ups and downs in his lifetime but never lost heart when he hit rock bottom. Even at the hardest times of the World War II, he still remained persistent and resilient," said Ho, managing director of Asia excluding Japan for Fidelity International, an asset management company headquartered in London.