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"China will counter the uncertainties in the external environment with certainties in its policy," Liu said in the article.

"Creating value rather than pursuing a larger scale has become the No 1 target of most Chinese companies," he said.

"Currently, investors are interested in the chip industry, but it is important to ensure the right investment direction. It is important not to put all the money into semiconductor design. China is lagging behind advanced countries in chip material, equipment and manufacturing, all of which need heavy resource inputs," Ding said.

"China's baseball history is some 20 years short and there are only about 10 baseball diamonds nationwide. We are relatively inexperienced and we can learn a lot from US baseball in terms of training, professionalism and market development," Yan said.

"Chinese companies' overall investment into 5G network is likely to hit 2 trillion yuan to 3 trillion yuan. Such a gigantic investment can help spur economic growth, fuel the development of digital economy, and create a sound telecom infrastructure for upgrade of traditional sectors," Zhang said.