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"China is a data-rich country, which is a very good starting point. Meanwhile, there are a lot of very encouraging progressions in different provincial governments," Ng said, adding that the municipal government of Shanghai unveiled plans to open up more space for the autonomous driving pilot program.

"China has a huge domestic 5G market and its efforts to accelerate construction of a nationwide network will bring opportunities to Huawei," Wang said.

"China is a world unto itself and there is a lot of room to grow," said Yaksic.

"China has very good factories for toys," Pasin said. "They handle the printing, making the product. It's really difficult to make this in the US like the way we do in China."

"CATL will provide localized services with a local team in Sweden for localized battery supply services and more efficient communications," the battery giant, based in Ningde, Fujian province, said.