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China is a global leader in the development of NEVs. Last year, a total of 777,000 NEVs were sold in the Chinese market, more than any other country, according to the China Association of Automobile Manufacturers.

China is currently testing 5G across all major cities, provinces and regions, including Shanghai. It is forecasted that 28 percent of China's mobile connections will be running on 5G networks by 2025, accounting for about one-third of all 5G connections globally, according to a report by telecoms lobby group GSMA, which represents the interests of 750 mobile operators.

China is the world's largest consumer of raw materials. Analysts believe China's copper demand will continue to grow in the coming years as the country invests vast amounts of money in new infrastructure projects, including green energy projects and electrical grids. The country is also pushing electric cars in an effort to reduce carbon emission. All the above require large amounts of copper products.

China has stepped up efforts to fight against telecom fraud in recent years. Sichuan police have cracked 1,757 telecom and online fraud cases and frozen one billion yuan of fraudulent money so far this year.

China is committed to denuclearizing the Korean Peninsula, promoting peace and stability there, and settling the problem through dialogues and consultations, he said.