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"Byton aims to be an international brand rooted in China," Ding said. "We aim to become an enterprises like Tencent and Huawei."

"China and the US should of course avoid recriminations and aim for cooperation," Sachs said. "This is the only safe and rational way out of the current crisis."

"But we do not know where we could find ideal partners," said 38-year-old Shi, who left his work at a government body and started his chemicals trade company in 2006 and in 2011 launched another company ShenmeiCheme, a supplier for large water treatment companies located in regions as west as Xinjiang Uygur autonomous region and as south as Guangdong province.

"China has been speeding up efforts to develop its own core components and standards," said Li Sha, an analyst at GF Securities Co Ltd. "The initiative will accelerate the pace of replacing foreign technologies with self-developed ones."

"China Mobile has made a bigger investment in 5G tests and experiments, compared with its rivals, including China Unicom and China Telecom. Moreover, China is in the forefront of 5G technology around the world, possessing a right of speech in the establishment of 5G international standards," said Fu Liang, an independent telecom analyst.