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"China is a big place, and adding (China) capability seems to be the opposite of creating a more focused business. To deliver service in such a huge country, a non-indigenous telco needs boots on the ground, which both their existing partners can provide, but BT by itself will be unable to do this for quite some time."

"China is also likely to distribute frequency bands to telecom carriers in the second half of this year, which will speed the construction of 5G networks," Wang said.

"But what's more important is whether or not the content is fresh in China and unique or outstanding. It should be more interesting than a Chinese blog."

"By leveraging HERE's technology, we look forward to generating further profitable growth in mobility services and automated driving." In China, the German company has been partnering with China Unicom and Huawei Technologies to explore opportunities in smart transportation systems and onboard connectivity, according to Enno Tang, president and CEO of Continental China.

"China has accumulated rich experiences in dealing with crises of various kinds after 40 years of reform and opening-up, which boosted China's confidence about the future of its economy," said Ning.