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As China moves to the forefront of fifth-generation or 5G mobile communication technology, 6.3 trillion yuan (5 billion) of economic output and 8 million jobs will be created by 2030, a telecom academy said.

As China's property and infrastructure activities are expected to weaken in the second half of this year, the country may face some challenges to maintain stable growth, although manufacturing investment revival, resilient consumption and strong external demand will offer some cushion, said a recent report by financial group UBS.

Around 93 percent of the respondents sensed serious addiction to mobile phones, and 2.3 percent said they use mobile phones more than 12 hours a day.

As Brad Setser, a senior fellow at the Council on Foreign Relations, has tweeted, "No way you get there without putting tariffs on a lot of consumer goods imports, be it computers or cell phones and the like. More than 20 percent of the merchandise that the US imported from China last year were cell phones and computers."

Around 100 participants from the government, diplomatic corps, international organizations, private sector and media attended the event.