nd information technology, had confirmed at the Boao Fo

oao Forum for Asia, that China will grant 5G licenses this year, but didn’t disclose a specific date. “5G, industrial internet and the internet of vehicles are among the country’s top development priorities in the telecommunications industry,” Zhang Feng, chief engineer of the Ministry of Industry and Information Technology, sa id on Friday during the […]

Wang Peng, deputy head of think tank China Center for

 Information Industry Development, said Huawei’s chip making arm HiSilicon can help Huawei ensure the s ustainability of its business to some extent, and its chip stocks “are expected to provide a buffer of six months to a year”. Huawei said it procured around $70 billion worth of components and services from i ts 13,000 suppliers […]

the middle of this century, digital villages will be compl

pletely built nationwide to advance rural revitalization. To fulfill such targets, the country will accelerate the construction of IT infr astructures in rural areas, upgrading rural internet facilities and information services. More efforts will be made to boost the rural digital economy, with wider use of digital technolo gies in agriculture and the development of […]

n macroeconomic terms, the China-US trade dispute ha

as added huge uncertainties to the US economy and raised the likelihood of recession. Which could thwart the US president’s chances of being re-elected in 2020. And the trade dispute could pre vent the US from taking the measures it intends to in order to consolidate its national power. As for China, the significant deviation […]

Top regulator says economy set for growth

Transformation of traditional industries speeding up, riding wave of high tech The Chinese economy is poised for more vigorous growth after gathering new strength through upgrad es in traditional industries and accelerating the growth of high-tech industries and emerging sectors. The country will further expand market access with a nationally unified, annually released and timely […]