Huawei Technologies, the Chinese technology giant, has reiterated that it will launch the 5G-enabled smartphones during the fourth quarter of this year and press ahead with internationalization plans despite the challenging global environment.
Huawei Technologies Co said on Wednesday that it may launch a self-developed operating system later this year as the tech giant steps up efforts to enhance in-house software capabilities to offset the fallout from US restrictions.
Enterprises in Zhejiang province are looking to mitigate the fallout from rising trade friction between China and the United States through cross-border e-commerce, alternative markets and industrial upgrades.
China will spearhead the application of negative list management systems for cross-border service trade in designated regions as part of the efforts to optimize its economy, commerce officials said on Wednesday.
China's digital economy, which uses internet technologies to empower industries and reshape people's lives, accounted for a third of the nation's GDP in 2018, a report tracking the sector's development said.
Increasing electric power consumption will not mean more pollution from coal burning thanks to China's shift toward a low-carbon energy and power industry.
Industry insiders believe China's solar industry will become subsidy-free in a few years as the country tries to revitalize its photovoltaic sector after the government announced a plan to scale back its central subsidy system last year.
China's grid operators vow to further increase their utilization of renewable energy through greater cross-regional trade of new-energy electricity and technological innovation, after making major strides in clean power last year.
Shanghai-based China Eastern Airlines has sought compensation from the Boeing Co for incurring considerable losses after the grounding of the US aircraft maker's 737 MAX aircraft following two major crashes.
Chinese drone manufacturer DJI said safety is at the core of everything the company does, and the security of its technology has been independently verified by the United States government and leading US businesses.
The People's Bank of China will streamline the lending interest rate system to further reduce borrowing costs for small and micro enterprises, the central bank said in its quarterly monetary policy report.
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Raymond Zhou
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