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China is also investing heavily in artificial intelligence research and so-called “smart cities,” which generate a lot of data that’s usually handled best with cloud services and edge computing devices. Those efforts are still new, but there are nearly 1.4 billion people in China, and that population will generate a ton of data given that only half of China’s population was using the internet as of 2016, according to the CIA’s World Factbook.

China is emerging as a pioneer in commercializing 5G technology as the nation makes strides in research and development of telecom products and services as well as applying wireless technologies to more areas in the past five years.

China is ready to work with the African Union and its member states of the forum to make the summit a historic event reinforcing the solidarity and cooperation between China and Africa, Wang said.

China is the world's largest consumer market, with 400 million middle-income people and a large number of rural residents with strong purchasing power, who are increasingly pursuing better life and services, said Wei Jianguo, vice-chairman of the China Center for International Economic Exchanges.

China hopes to strengthen coordination with Sweden in the United Nations and the Arctic Council, he added.