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China expects to advance all-round development of bilateral relations and cooperation with Britain, in a principle of mutual respect and equal treatment, Li stressed.

China has a large market of more than 1.3 billion citizens, a rising middle class and people working hard to achieve a better life, he said.

China has cemented its position as a global leader in 5G wireless technology, with the nation expected to account for 70 percent of global 5G connections in 2020, according to international mobile trade association GSMA.

China has participated in infrastructure construction in East Africa in key projects such as standard gauge railways, highways and power plants, which Ndushabandi believes can be a powerful tool in deepening regional integration.

China consumes about 40 percent of the world's semiconductors, most of which are assembled into products that are then exported to the West, Bingham said, noting that this is a good thing because it forces innovation on both sides of the ocean.