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"China is also likely to distribute frequency bands to telecom carriers in the second half of this year, which will speed the construction of 5G networks," Wang said.

"China has deepened and widened the opening-up of its financial sector by issuing licenses to foreign investors, allowing them to establish wholly owned companies or take a controlling interest in joint ventures in major business segments of the financial sector. It means that foreign investors can make better use of what they put great emphasis on－their management capabilities and management authority," said John Qu, senior partner at McKinsey, at the 2020 Global Wealth Management Forum in Beijing.

"By 2020, technologies including 5G and cloud computing are expected to embrace an explosive growth in China. It will bring a new round of growth in server businesses in the market," said Duan Meng, a senior analyst from market consultancy IDC.

"China is the world's second largest economy and stock market, however, China A-shares are underrepresented in global capital markets," said Brendan Ahern, chief investment officer of the Krane Funds Advisors, which is the investment manager for KraneShares ETFs (exchange-trade-fund), noting that China's capital markets are too big to ignore.

"China has become the largest producer and consumer of automobiles in the world. The extensive use of private cars in cities is causing congestion, air and noise pollution, and road accidents. In metropolitan areas, the transport sector is estimated to account for at least one-third of greenhouse gas emissions," Engstrom said.