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China will strengthen its national strategic technologies with efforts including giving full play to the state's role in organizing major science and technology innovations.

China's Foreign Ministry has already urged Sweden to reverse its 5G decision on Chinese companies, to prevent the move from having a negative impact on bilateral trade cooperation and the operations of Swedish companies in China.

China's big data sector aims to increase its annual sales to 1 trillion yuan by 2020 from an estimated 280 billion yuan in 2015, said a plan released by the Ministry of Industry and Information Technology.

China will “absolutely not” fire the first shot in a trade war with the United States and will not be the first to levy tariffs, the Ministry of Finance said on Wednesday.

China will remain a competitive supply chain choice for foreign firms as it has a broad spectrum of strong upstream suppliers and downstream clients, said Julien Hueber, executive vice-president of Industry Solution and Project Business Group at Nexans, the French cable manufacturer. The company, supported by over 26,000 employees globally, started to run a new laboratory in its Suzhou plant last month.