He said CASIC has been taking the lead in promoting smart technologies in public sectors in China as the company produced the nation's first development plan for smart cities and fulfilled the first trial program of internet of things for local police.
He said Chinese businesses have pledged to invest more than 0 million to establish operations in Tennessee. "Our department has made attracting foreign direct investment from Chinese companies a core part of our international efforts. We have a full-time team of representatives based in Beijing who work very closely with our recruitment team in the US," Rolfe said.
He said 5G cloud gaming will blur the lines between console, PC and mobile-based games and level the playing field for gaming.
He said China appreciates ROK’s endeavors and welcomes the nuclear issue on the Korean Peninsula moving back to the track of dialogue.
He said China alone now accounts for 34 percent of global growth and has become its largest contributor.
He predicted that up to 30 percent of China's total power output this summer will be clean power, which will help reduce thermal power generation by nearly 40 billion kWh and thermal coal consumption by some 18 million tons between July and September.
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He said CPIC Group will also actively seek overseas investment opportunities, including setting up overseas branch companies.
He recalled that the May 20, 2018 elections were done "in spite of an international conspiracy to boycott the elections and delegitimize the institutional processes."
He said because the construction cost for the reactors can be cut by 20 percent after achieving mass production, the group is optimistic about the long-term export potential of the CAP1400.
He returned home, but in 2004 he sold his house in the US to bring his wife and two sons back to China and embark on a two-year odyssey across the country.