Huang Qifan, deputy head of the China Center for International Economic Exchanges, said blockchain, much like advanced "gene transformation technology", can change the basic functions and applications of digital platforms and constitutes a major driving force for the economy.
Humen Bridge, a major artery linking the western and eastern parts of the prosperous Pearl River Delta, remained under traffic control as small vibrations continued to be felt in the bridge on Wednesday.
I (also) believe the reforms of the 3rd, 4th and 5th plenums (of the 18th CPC Central Committee) are all going in the right direction. But challenges remain. The most urgent one is deleveraging the economy to ensure that growth becomes less dependent on credit.
Huawei is currently one of the world’s leading 5G technology developers, alongside the likes of Nokia and Ericsson. Other British cities included in the truck’s tour are Ipswich, Birmingham, Reading, Newbury and Worcester. Across the whole of Europe, the truck will visit a total of 40 cities in 10 different countries.
Huawei started taking orders for the handset, which is priced at 6,199 yuan (about 8), on Friday afternoon. The phone will hit the market on Aug 16.
Huang said the choice of Shanghai as the venue for the global debut is due to the city's well-blended persona of both oriental and Western cultures, as well as a string of government policies to improve the business environment and spur consumption.
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Huawei is also stepping up efforts to buy more components and technologies from Japanese and European suppliers, so as to reduce reliance on US technologies and deepen its multi-vendor strategy to ensure sustainability in business development.
Huawei Technologies, China's largest smartphone maker and a 5G leader, has worked closely with China Telecom to apply 5G and IoT technologies in areas such as the internet of vehicles and smart cities.
Huawei has consistently and strenuously denied there are any problems with its equipment and Nokia subsequently issued a statement saying Weldon's comments did not "reflect the official position of Nokia".
Hydrogen fuel cell vehicles, one pillar of the troika of new energy vehicles in China, are gaining traction to catch up with the more popular options of electric cars and plug-in hybrids.