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"China's Belt and Road Initiative is a perfect match with South Korea's New Northern Policy," he added. "For example, Chinese investors may face difficulties when investing in Russia, and with the help of South Korea, we will be able to conduct better communication with Russia."

"Contrary to the accusations made by the prosecutors, I never received any compensation from Nissan that was not disclosed, nor did I ever enter into any binding contract with Nissan to be paid a fixed amount that was not disclosed," the 64-year old said.

"China still is not the top country in international humanitarian cooperation, but I have no doubt that it will very soon become one of the top 10 donor countries," he said.

"China will continue to raise policy transparency and stability, optimize government services and improve the business environment for investors from all around the globe," he said.

"Chinese online celebrities have higher education levels and younger fans, and endorsing brands is becoming their main way to make money," the report said.