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"China for us is a relatively small part of our business so it really represents a significant opportunity. What we're working on is how to unlock that opportunity for us. So we saw a drop in the Chinese market for the first time in 30 years, something like that, last year. This year, I think they're going to be flat and they'll still be number one in the world," he said.
"China is among our fastest growing markets in terms of licensing ... we are taking the global debut of latest cartoon series Ricky Zoom to China," he said.
"But we will be very cautious about overseas expansion, to ensure a steady development of the group," he added.
"China Mobile has invested the most in Shanghai to date to help the city expand its 5G trial network and related applications, because it is the most developed city in China with rather solid infrastructure in many aspects," said Jian Qin, China Mobile vice-president.
"But we also face difficulties, as the standards are not so easily accepted in some countries," Li said.
