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Apart from its wide range of business in Britain from smartphones to mobile networks, Huawei has also invested millions of pounds in research and development in the country. It also plans to build a state-of-the-art center in Cambridge, which will focus on the research, development, and manufacturing of optical devices and modules.

Appeal comes as exhibition showcases progress in the past five years

Another finding is that artificial intelligence will exert a bigger impact on smart marketing through a more thorough and stratified analysis of user preferences based on algorithms that decode customer activities.

Another dichotomy is the growing popularity of Chinese local brands versus their foreign peers. A poll by Bain ahead of this year's event suggested that roughly half of the respondents said they are fond of local brands, with just around 10 percent or so preferring foreign brands.

Ant Group is a 33 percent-owned associated company of Alibaba.