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"China will encourage private forces to open online education institutions and will support internet firms to meet emerging education demands," the guideline said.

"Chinese car-hailing service providers are going to dominate about 80 percent of the world's market share in the near future," according to an industrial insider who declined to be named.

"Chinese enterprises are so large that the (cloud companies') ability to move with them and take them outside China is beneficial," he said.

"Considering the billions of doses needed, and the risk [of] falling at the back of a very long line for Western vaccines, the appeal of the Chinese vaccines is apparent," Taimur Baig, chief economist and managing director at DBS Group Research, said in a note to US business news channel CNBC.

"Cloud computing is a significant support platform for the IoT," said Song Hongming, senior marketing director of Huayun Data Group, a Chinese unicorn company that provides cloud services for over 300,000 businesses in the fields of traffic management, finance, education and manufacturing.