Starting from the earliest days of the first generation of analog phones, each generation of leaps has brought considerable benefits to societies worldwide and promoted ongoing digitization in more global economy areas. The mobile industry is now preparing to move to the fifth-generation (5G) technology, which will be based on 4G achievements and create new opportunities for innovation. The future 5G network aims to provide new high-quality wireless services to meet various vertical industries' stringent and unique needs beyond traditional mobile broadband services. 5G wireless service will be an integral part of the future Gigabit communication network infrastructure. They will lead to a series of innovations that are essential to a mature digital society. More importantly, they will constitute a new value generation system and bring a new problem with appropriately regulating the new technology.