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"Cross-border e-commerce can be an ideal way for foreign companies to debut in China thanks to easier access, lower costs and reduced time for market entrance," said Zhang Tianbing, Deloitte Asia-Pacific consumer products and retail industry leader.

"China started 5G research experiments in 2016, and entered the third stage of system verification this year," Wen Ku, head of the MIIT information and communication department, said at the ongoing first Digital China Summit in Fuzhou, capital of East China's Fujian province.

"Chinese mainland companies will be driven to further innovate and upgrade their products and achieve sustainable and high-quality development," he said.

"China's recovery is encouraging, but it is far from being a 'mission accomplished'," said Shaun Roache, chief economist for Asia-Pacific at S&P Global Ratings. "Stimulus-driven demand has not yet handed over to private consumption as the driver of growth and, until it does, China's recovery will remain unbalanced and vulnerable to shocks."

"China's artificial intelligence research has developed very fast in recent years, increasing its global significance within the field," said Sun Zhenan, a professor at the Chinese Academy of Sciences' Institute of Automation.