Chinese leaders have vowed to strengthen the country's economic opening-up drive, which is not in conflict with its recent emphasis on boosting domestic demand but will benefit the global economic recovery, analysts said.
With US President Donald Trump proposing a ban on TikTok, critics said the move will not solve "security risks", while American values could be challenged if the popular app actually goes dark.
All key parts of the system are 100 percent domestically built, and China has mastered 160 core technologies including inter-satellite links and high-precision atomic clocks.
The construction of new infrastructure including 5G and data centers has been picking up speed in China, fuelled by a surge in demand for telecommuting, online entertainment, and voice and video call services.