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"Europe's strength lies in core technologies and its traditional vertical sectors such as automation, industrial robotics and other manufacturing, but the datasets on which they can work are greatly dwarfed by those available in China," said Gambardella, during the ongoing China International Big Data Industry Expo in Guiyang, Guizhou province.

"Europe needs to maintain its own course," the BDI said, adding that the European Union would decide independently which companies it would allow to build 5G network infrastructure.

"Europe is not doing much to eliminate old plants and to rationalize production and restructure the industry, so China is a good example for the world," he said.

"During the past three years, we found that some factories dumped industrial waste in remote areas like deserts, or in places like pig farms, which makes it hard to spot. However it still has huge ecological consequences," she said.

"Enterprises will be able to take a leading position in the fierce market competition, if they can grab the opportunities in the C919 project and supporting sectors," Li said.