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Charlie Dai, principal analyst at market research company Forrester, said in the global market, Huawei is strategically opening up new regions and cloud services, aiming to strike the right balance between its partnership with global telecommunication providers and its own cloud operations expansion.

Chairman of ZTE Corp, a major Chinese telecom equipment maker, on Friday called on the global community to adopt an open, collaborative and win-win approach to 5G, as the superfast technology is at the tipping point for commercial application.

Carpenter Wu Mingzhang, 75, has a burning desire — literally — to create art with wood. Woodburning, or pyrography, is his passion.

Charles Li Xiaojia, chief executive of Hong Kong Exchanges and Clearing, which runs the city's bourse, called the proposed CDRs for the A-share market a breakthrough in the mainland's capital market. He's convinced it will not threaten the Hong Kong stock exchange's position because Hong Kong and the mainland enjoy a long-term cooperative relationship — the more open the mainland is, the better for the SAR.

Chairmen and CEOs from leading global companies including UPS, Volkswagen, Rio Tinto, Nokia, Schneider Electric, ABB and ArcelorMittal attended the meeting.