High-tech company to expand presence in global markets

Hongda Hi-tech Group Co Ltd, a company engaged in information collection and biometric identification technologies, plans to expand its presence in Africa and Southeast Asia, where the demand for bio verification services is soaring.

"Nearly 50 percent of our revenue comes from outside China. We have made and issued identification cards to residents from Laos and Papua New Guinea in cooperation with local governments, as well as about 50 million driver's licenses in Indonesia," said Wang Xin, chairman of the Changchun-based company.

Wang, who is a member of the 13th National Committee of the Chinese People's Political Consultative Conference, is bullish on the prospects for his company in the countries and regions related to the Belt and Road Initiative, especially African countries and Southeast Asia.