China Mobile Communications Corp, the world's largest telecom carrier by subscribers, said mobile internet of things (IoT) connections will surpass 1.75 billion by 2020, as the telecom heavyweight accelerates its commercialization of IoT services across the country this year.
The Chinese economy - in the wake of recent upbeat data underscoring an industrial recovery - is expected to enjoy stable growth and is capable of reaching the growth target of around 6.5 percent for the whole year, according to forecasts released on Wednesday.
Polish apple traders are looking for more Chinese buyers for their fruit, after the European nation signed a trade agreement with China on exports of its iconic bicolored apples to the Chinese market.
For Jean Cassegrain, Longchamp is a way of life. As he looked back, some of his earliest memories were centered on the business founded by his grandfather in 1948.
China Mobile Communications Corp, the world's largest telecom carrier by subscribers, will start 5G scale tests next year and launch a pre-commercial service in 2019, with an aim to fully commercialize 5G services in 2020.
A 25,000-kilometer submarine cable system linking Asia, Africa and Europe has entered service, as China United Network Communications Group, a key participant in the cable project, accelerates steps to build internet infrastructure for countries and regions related to the Belt and Road Initiative.
Kweichow Moutai Co, the best-known expensive Chinese liquor, is hiring more than 300 new wine-makers, as the company sees its market value grow, with the market for baijiu gradually recovering, and demand expanding as consumer spending rises.
The overall risk of China's government debt is under control and the momentum of steady economic growth is being maintained, according to the country's top auditor.
Leading officials from international financial institutions - including the IMF - on Wednesday urged governments and companies to speed up their financial connectivity and forge closer links with the private sector, to participate in Belt and Road infrastructure projects.
Xu Jinghong, co-chair of Summer Davos in Dalian, insists robots taking over manufacturing jobs could lead to more enriched lives for people.
Hu Weiwei, founder and president of Chinese bike-sharing major Mobike Technology Co Ltd, said there is no possibility of the company merging with its arch rival Ofo Inc, despite the mounting competition.
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