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Ding said it is "not only the user activity, the general user growth in mobile internet apps is almost stagnant".

Ding Yun, president of Huawei's carrier business group, said at a launch event in London on Thursday that the company's 91 commercial 5G contracts is an increase of nearly 30 from last year. That is ahead of the 81 announced by Swedish telecom company Ericsson last week and well ahead of Nokia, which said it had secured 67 5G commercial deals as of Feb 10.

Domestic display panel suppliers such as BOE Technology Group Co Ltd, Visionox Technology Inc and China Star Optoelectronics Technology Co Ltd (CSOT) are doubling down on flexible screens mainly used for smartphones. They are ramping up efforts in the AMOLED display market that is still dominated by South Korean companies.

Despite these issues, Jason Young, director of the New Zealand Contemporary China Research Centre at Victoria University in Wellington, said both governments have stressed the importance of the relationship.

Distributed photovoltaic power generation projects are not managed at national level but provincial level and enterprises, organizations and individuals are encouraged to develop such kind of projects. Distributed photovoltaic power generation projects are also encouraged to participate in diversified form of market-oriented transactions to improve their competitiveness in the market.