Integrated circuits, ultra high-definition video, 5G medium and high-frequency devices, automotive electronics and new-type displays are among the key areas that represent the development direction of the industry, he said.
InterSystems has also collaborated with public and private medical institutions, such as Peking Union Medical College Hospital, Beijing Anzhen Hospital and Beijing United Family Hospital in China to offer high-quality diagnosis and treatment services.
Investment in technological upgrading of China's manufacturing industry rose by 16.9 percent, 10.6 percentage points higher than the total investment in the first quarter of this year, displaying the strong desire and active action of the companies to focus on innovation and speed up industrial transformation and upgrading.
Insurers are permitted to use their securities investment funds - which are controlled by qualified fund managers - to buy Hong Kong stocks, the China Insurance Regulatory Commission (CIRC) said in an online statement.
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Insurance companies will become the most important financial support for the development of long-term rental housing, experts said.
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Involved parties also confirmed the role of stable shareholders in Pirelli of ChemChina, Camfin and Marco Tronchetti Provera & C. S.p.A., with the latter maintaining the stake currently held in the company above 10 percent of Pirelli for the duration of the renewal.
Investment in technological upgrading in manufacturing increased by 15.6 percent year-on-year, accounting for 45.4 percent of investment in manufacturing, up 4.1 percent year from the previous year.
Insiders said once retail and wholesale prices are balanced, it will be good news for VNOs, who will finally make a profit in a diversified field with basic telecom operators and usher in a better development condition.
Instead, it encourages them to be remanufactured, thereby improving the vehicle's salvage value. Wang said that as part of the nation's development of a circular economy, scrap vehicles can be sold to remanufacturing companies.