The comments came as China's big three telecom carriers are all starting large-scale 5G trials and application tests. The state-of-the-art technology is expected to be 10 times faster than 4G and will support superfast movie downloads, self-driving cars and the streaming of virtual reality games.
The company began researching the technology as early as 1999, and now its water-saving irrigation products are sold in most provincial regions in China and 17 other countries, covering a total area of 4.67 million hectares.
The close of the Winter Olympics in Pyeongchang could herald the beginning of a breakthrough on the Korean Peninsula issue, as Pyongyang said it had "enough willingness" to hold talks with the United States.
The company announced that 80 percent of the world's most valuable 100 brands on Forbes' rich list are on Tmall.
The company generates revenue from fees charged for loan facilitation and management service to borrowers and investors.
The company also set up a tech center in Jiangyin with a German company. The center introduces up-to-date tech innovations and resources from Germany to small and medium-sized businesses in Jiangyin for their tech R&D.
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The club's players have an average age of 20 and spent most of their time playing the popular games such as Honor of Kings, Player Unknown's Battle Grounds (PUBG) and Clash Royale.
The combined onshore assets of China's "big five" lenders - the Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, and Bank of Communications - came in at 90.6 trillion yuan, 35.7 percent of the total assets in the industry.
The company has reported sales revenue of more than 33 million yuan since it was established last April in the Huangpu and Guangzhou Development District.
The company attempted to recruit celebrities and fashion bloggers with a large number of underage social media followers and gave out hundreds of free e-cigarettes to "influencers" to promote the Juul brand, the lawsuit alleges.