As Huawei Technologies Co faces arguably its biggest challenge in its 30-year-plus history, the company's 74-year-old founder Ren Zhengfei wants to show the world that Huawei is prepared for a worst-case scenario.
In his wide-ranging interview with Chinese media, Huawei founder and CEO Ren Zhengfei pointed to education and its fundamental role in improving China's competitive strength.
Gestamp, a multinational vehicle components company based in Spain, will step up its efforts to consolidate growth in China, with priority given to electric vehicles, said the company's Executive Chairman Francisco J. Riberas.
Six provinces in China's central region secured 406 investment projects with combined value totaling 483.51 billion yuan ($69.96 billion) during the recently concluded Expo Central China 2019.
Tariff hikes are attempts by the US authorities to curb China's rapid growth and would result in steep losses for both sides, besides causing disruptions to the global economy, economists said.
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.
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