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"But the end is here, and here I stand, becoming more powerful than he will ever be," she said.

"But when philanthropy becomes routine for people in China, we will encounter less 'campaign-like' days and more daily participation," Wang added.

"By then, we could be a 0 million company," the entrepreneur said. According to Parafuzo's funding brochure, the company, which was set up in 2014, already had a break-even cash flow by November 2016 and in that year, it had .93 million in GMV, 3,000 in net revenue and 3,000 in net loss.

"China has attached great importance to 5G development," said Cheng Lixin, CEO of ZTE Mobile Devices. "And we are speeding up our development this year, accelerating steps to gain a lead in the race toward commercializing the next-generation communication technology."

"China is perhaps better positioned now than ever before to become a globally competitive player in both semiconductors and AI ... because leading digital businesses (in China) have signaled that greater domestic self-supply of semiconductors is a vital component of their future," he said.