For many countries in the world, 5G is of strategic significance. In the 5G era, telecom operators are expected to enable and provide multiple services with different communication characteristics like enhanced broadband, ultra-reliable and extreme real-time communications at the same time. To meet the requirements, the 5G network essentially will be more complex compared with traditional 3G/4G networks. The unique characteristics of 5G resulted from new technologies bring a lot of opportunities as well as significant challenges. In this paper we first introduce 5G vision and check the global status. And then we illustrate the 5G technical essentials and point out the new opportunities that 5G will bring to us. We also highlight the coming challenges and share our 5G experience and solutions toward 5G vision in many aspects, including network, management and business.