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"Compared with some emerging market economies suffering from fluctuations last year, China's steady economic growth and the relatively stable yuan boosted foreign investors' confidence in the country's mid- and long-term growth prospects, prompting the rebound in direct investment," said Zhang Zhiwei, chief China economist and head of China equity strategy at Deutsche Bank.

"Completion of the bridge also marks a milestone in expressway construction in Guangdong province, one of the country's economic powerhouses," Liu said.

"Consumers in the old world were defined by their possessions, and companies were able to meet their customers' needs to an adequate degree with static business models and a 'one size fits all' marketing strategy that followed major trends," AT Kearney's He said.

"China's 5G industrial chain is relatively complete at present and it has developed certain advantages in some parts, however, there are still some difficulties and bottlenecks," Li Zhen, a senior analyst with the communication research center of CCID Consulting, said.

"China's fast-growing digital economy has sharpened the country's competitive edge in industry and created favorable conditions for foreign businesses to invest in more areas," he said, adding that 4G-and 5G-based digital infrastructure is a solid foundation that facilitates rapid growth of artificial intelligence, big data and diversified online services.