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But the Jinan, Shandong province-based company wants to achieve more. So, it is consolidating, expanding and charting new paths into the international market, company executives said.

But the timing couldn’t be better. Chinese mega-tech conglomerate Alibaba is gearing?up to stage what could be the largest technology IPO in the U.S. as soon as August. That means, Amazon’s Chinese peer in e-commerce, cloud and payments will be entering the U.S. in a significant way.

But that's not how China is playing it. After years of surging wages, it's no longer the cheapest option to produce low-end products like textiles, forcing some manufacturers to relocate to Bangladesh, Cambodia, Vietnam and elsewhere.

But therein lies the problem. The ban appears to be largely unenforced, and a mere 200 yuan fine is in many cases barely a deterrent anyway.

But the body announced it will accelerate the process and lock down the first version of global 5G standards around June in 2018－signaling that little change would be expected to current technical specifications and vendors can get to work on standardized 5G equipment, experts said.