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"Convergence is blurring the lines between industries and business models as we move toward a truly digital economy at lightning speed," said Greg Cudahy, global TMT leader of at EY.

"Chinese investors have long been bullish on the Latin American market. Mexico is a new destination for State-owned energy giants and will see big opportunities, if short-term uncertainties in the local macro scene and the clean energy market are sorted out and properly managed," he said.

"China used to lag behind those developed countries in terms of participating in the global competition (for infrastructure projects). And now we need to ramp up the efforts to target overseas markets and learn from leading countries."

"China's 5G industrial chain is relatively complete at present and it has developed certain advantages in some parts, however, there are still some difficulties and bottlenecks," Li Zhen, a senior analyst with the communication research center of CCID Consulting, said.

"Chinese leaders attach great importance to developing relations with Japan," added Zeng, who is now chairman of the nongovernmental organization China Center for International Economic Exchanges. "Economic and trade cooperation is one of their shared interests and is believed to be 'a ballast stone' for stabilizing bilateral relations."