Huawei has been investing heavily in research and development over the past decade. In 2017, the Shenzhen-based company's research and development spending reached around 11.33 billion euros (.9 billion), accounting for 14.7 percent of its overall revenue.
Huang said that publicity work on the outcome of the congress should focus on understanding and mastering the spirit, and applying it to real life. It has to be comprehensive, accurate, rigorous, yet at the same time, vivid, positive and practical, he said.
Huang pointed out that this year is the 40th anniversary of China's reform and opening-up push. In that time, China's reform and development has benefited from Asia, and also contributed to Asia and the world.
Hummingbird enterprises can also receive help with visas relating to foreign professionals they employ.
Huang Yiping, director of the Digital Finance Research Center of Peking University, said efficient, low-cost fintech sector can play an important role to help ease financing woes of private enterprises.
Huawei announced on Thursday it had filed a complaint in a federal court in Texas challenging the constitutionality of Section 889 of the National Defense Authorization Act, a section signed into law by the US president in August that banned federal agencies and their contractors from procuring its equipment and services.
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Humphreys believes the investment in the border area is good for the people as well as the peace process because when people have good quality jobs, they are less likely to slip into difficulties.
Huawei said in July that it has signed over 50 commercial contracts for 5G technologies. And the company was quoted in June saying the total shipment of its 5G base stations is expected to rise from the current 150,000 to 500,000 by the end of this year-to "put the company in a very leading role" among industry peers.
I don't quite remember exactly how long I've been working without a day off. I think it is probably since early December.
Hubei province reported work resumption rate of 98.7 percent in 44,326 enterprises, and 98.4 percent of the employees, or 6.98 million, have returned to work, according to Changjiang Times, citing the provincial office on the COVID-19 epidemic prevention and control.