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"China is a resource-rich country, but the ore grade is relatively low and some resources are not easily accessible."

"China is one of the most important markets for the company, with a double-digit growth rate during the past 10 years, thanks to the country's economic growth," said Lin Liangqi, president of AkzoNobel China, the local unit.

"But technology by itself is not enough. Projects with advanced technologies must be accompanied by viable business models, stable regulation, and smart policies to deploy the technologies," Nakao added.

"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 is now in its best time of development. China represents the world." Haworth also said he hopes that his children can come to China, learn Chinese, and carry on the family ties with China. "It will be their huge advantage in the future."