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"China's green bond efforts have been a game changer globally as it is shaping the way financial and investment decisions are being taken across the world," she said.

"China wants on build 5G networks at a pace that is moderately ahead of schedule, as the country is entering a lead-in period in 5G construction in the coming three years, " Wen said.

"Current indicators suggest China is especially suited for widespread adoption of autonomous vehicles," said Ting Wu, partner in McKinsey's Shanghai office and co-author of the report.

"Countries all over the globe are attempting to deploy 5G and in Myanmar, the network standard is projected to see commercial use in 2020-21," he said, adding that "As the world's leading vendor of 5G, Huawei is collaborating with industry partners to help all operators in Myanmar realize their 5G dreams."

"China's economy has reached a point where it cannot be adversely affected by trade protectionism of the certain country. China now has the largest foreign exchange reserve in the world," Cairo-based economic expert Abu Bakr al-Deeb told Xinhua.