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"Despite the fast development of 5G, its commercialized progress has entered a crucial phase where telecom carriers are faced with an array of challenges," said Li Zhengmao, vice-president of China Mobile.

"Due to the rapid rise of China, the US always sees China as a big threat. If Hong Kong is unsettled, the city will lose its functions of contributing to the nation's development, with the trade dispute being one of the US tactics to unsettle China.

"Every worker or dream chaser coming to Beijing has their own reasons. No one here lives blindly," said Chang Hailong, a 34-year-old food deliveryman from Songyuan, a city in the northeastern province of Jilin.

"Fed monetary policy has largely become irrelevant as demand contracts at multiple levels linked to the twin shocks from supply-chain disruption and now the plunge in oil prices," Manish Shah, chief investment officer at Toolbooth Strategy, told China Daily. "Consumers will enjoy lower prices for a while, until the shale gas producers start going out of business and then the banks in Texas feel the pain."

"Education will be one of the fastest-growing industries and worthy of investment in this age of AI," he said.