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"China is more aggressive than anybody in developing smart cities. We see the three main drivers in the ecosystem, which are intellectual capital, emotional capital and financial capital," said Dana Magenau, managing director of UC Berkeley executive education.

"By pregnant women participating in the race, it's an indication that the initiative is working," he said. "It's wonderful to see several foreigners supporting the initiative. We can learn from what they are doing in their home countries while others can learn from us and take it back home as best practices towards universal healthcare."

"China has one of the most vibrant venture capital and startup markets in the world," Thurston said, noting that the country's thriving technology, internet and e-commerce industries offer a fertile investment environment.

"But they have to take a step back ... and look at the facts."

"China is expected to become the largest 5G market in the future, and is playing an increasingly important role in the globalized development of Qualcomm," said Qualcomm China Chairman Meng Pu.