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"But once the company goes public in the future, it will definitely be eye-catching ... in its scale, valuation or performance," he added.

"China is driving developments in battery technology. It has driven the developments in solar PV. In a whole load of ways it is getting on with things that are going to be central to the future technology of the world. They put together private entrepreneurship, a high savings rate, a state that is willing to invest in infrastructure," he explained.

"China is expected to achieve relatively fast GDP growth of 6.8 or 6.9 percent in the first half of this year," said Pan Jiancheng, deputy head of the China Economic Monitoring & Analysis Bureau of Statistics, which is affiliated to the National Bureau of Statistics.

"But still, there are plenty of uncertainties, and fluctuations are very normal. I don't worry about the influences (on the renminbi value), but you need to manage the fluctuations. It requires more instruments to hedge risks," Daniel Schmand, chairman of the International Chamber of Commerce Banking Commission and head of trade finance at Deutsche Bank, told China Daily on Wednesday.

"China has a huge domestic 5G market and its efforts to accelerate construction of a nationwide network will bring opportunities to Huawei," Wang said.