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China in June officially approved 5G commercial services, marking the start of a smart new era as the application of the superfast wireless technology helps connect more services, sectors and people from all walks of life.

China is the largest market for Starbucks after the United States. In May, Starbucks held its first China investors meeting in Shanghai with a goal to focus on "enhancing its immersive, coffee-forward approach to elevating the third place, building deeper customer relationships in digital and extending the Starbucks Experience to the on-the-go and at-home consumers."

China is now leading the world in technological innovation, characterized by the fast development of the mobile internet, big data and artificial intelligence technology. The significant technological innovation and advancement in this market is filling the world with imagination.

China is at the forefront of 5G technology, Groth noted, adding it is definitely an area where the two countries can strength their partnership.

China is speeding up infrastructure construction with a focus on shifting from traditional projects to a new round of digital infrastructure in an effort to stave off an economic growth slowdown amid the ongoing novel coronavirus outbreak.