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"China is leading early adoption in 5G and has already built more than 160,000 5G base stations covering more than 50 cities as operators aim to expand standalone 5G network coverage and capacity," said Sihan Bo Chen, Head of Greater China, GSMA.

"China has abundant resources of coal. The several varieties of coal are the main source for energy consumption. Promoting green and efficient coal production and use is equally important as developing new energy," said Liu Baohua, deputy head of the National Energy Administration.

"China has become a strong growth driver for Shiseido and continued to be our largest overseas market for a third consecutive year," Hase explained.

"China is not the only country working on economic structural reform. Many countries around the world are doing the same, including monetary policy normalization, after the (2008) global financial crisis," he said.

"Carbon capture and storage technology will definitely help solve notorious pollution issues, whereas enhanced oil recovery for commercial purposes is more of a byproduct rather than the main purpose," Li said.