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"China and India are opportunities for one another not threats to each other," Rong said.

"China and the US are highly complementary in the agricultural sector, and it is in the common interests of both sides to trade foodstuffs with each other. After the two leaders met in Osaka, China has demonstrated great goodwill and positive efforts in purchasing US crops, and has already made considerable progress," Cong Liang, NDRC secretary-general, said during a recent interview with China Central Television.

"China has the best resources in frequency spectrum and base stations. Local consumers and enterprises have some of the highest enthusiasm and willingness to embrace 5G. And the governments have rolled out favorable policies," Xu said at the ongoing 2019 World 5G Convention.

"China has been on a very rapidly changing journey which many don't really fully appreciate ever since," he said.

"China has accumulated more than 30 industrial internet platforms with a certain size and commercial capacity. Moreover, more than 630 companies and institutes in fields including manufacturing, automation and the internet have joined the industrial internet alliance," he said.