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Analysts said the agreement was a "wise" step, since high-quality content plays a decisive role for leading online education companies.

And, President Xi announced that China will strengthen intellectual property rights protection in his April speech to the second Belt and Road Forum for International Cooperation.

An order for flowers is placed through a WeChat app. [Photo/Xinhua]

And DiFonzo said that Microsoft’s embrace of Linux over the last few years is what really gave it the confidence to expand its cloud provider options. Like most companies, a lot of Sabre’s enterprise applications run on Linux, and that hasn’t been Microsoft’s strong suit until fairly recently.

Analysts said the upcoming meeting is significant not only for the China-EU relationship, but will also help boost international confidence in post-pandemic recovery amid mounting tensions between China and the United States.