More than 680 industry and financial analysts, key opinion leaders, and media representatives from across a range of industries, including telecoms, Internet, and finance joined Huawei.

The first Huawei Global Analyst Summit was held in 2004, and has continued annually since for 16 years. This year's summit runs from April 16 to 18, with multiple parallel sessions. Attendees include industry experts from around the world, all of whom provide unique insights into a variety of topics and trends.

Ken Hu, Huawei's Deputy Chairman, shared its insight into industry trends and strategic determination.

Hu noted that 5G is being deployed much faster than expected, and 5G device development is matching 5G network development for the first time in history.

According to Huawei's forecasts, by 2025, the world will have 2.8 billion 5G users. To support these large numbers of users, Huawei aims to develop simple, powerful, and intelligent networks, to continuously create value for its customers.

Huawei has already taken steps to give consumers the intelligent and seamless digital experience they want across all scenarios.

William Xu, Director of the Board and President of the Institute of Strategic Research of Huawei, announced that Huawei is moving into the era of "Innovation 2.0".

Innovation 2.0 is all about vision-driven theoretical breakthroughs and inventions. "The Institute of Strategic Research will be mainly engaged in research into cutting-edge technologies for the next five or more years," said Xu, "Each year, we invest 300 million US dollars to fund academic research in basic science and technologies, and technological innovation.

This is an important part of our research efforts." He also noted that Huawei will work with universities and research institutes to drive innovation in theories and basic technologies, and light the way for the industry and the world at large.