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"Financial technology is at the forefront of the new economy, and its development is greatly affected by factors including policies and regulations. Compared with their US counterparts, Hong Kong's stock exchange executives hold a more prudent attitude toward certain types of fintech companies, such as those focusing on blockchain technologies, due to market uncertainties in this field. It will still take time for mainland fintech companies to make business innovations and improve operational performance after they have met IPO application requirements in the US and Hong Kong," said King Li, TMT assurance partner at EY.

"Further opening-up will not only help lift China's role in the global value chain but will also allow the country to better participate in the global governance which is crucial for the development of the global economy," Cheng said.

"Given that the competition has just started, it does not mean that the Porsche Design Huawei Mate 10 will sell better than the iPhone X in the fourth quarter," he added.

"For 5G, we understand that in order for people to feel confident to put the investment into 5G infrastructure in an industrial environment, they need to know it's going to work. And they need to have the evidence of how this is going to improve productivity for them. And today, we're beginning to start to see that evidence growing," Silver said.

"First, data are related to the security and development of national sovereignty. Second, while the all-round integration of community activities and complex data processing structure cultivates new opportunities, it also poses higher security risks. We need to improve the data security governance system and the government data security management system."