Huang added that with increasing of incidents fraud, businesses have a duty to deploy advanced technologies, to protect consumers' information and at the same time, enhance their digital experiences.
Huawei's involvement in 5G rollout has been a contentious issue in the UK, following sustained pressure from the United States to boycott the Chinese company. In January, UK Prime Minister Boris Johnson defied Washington by allowing Huawei to continue operations in Britain in a limited capacity.
Huawei is probably the world leader in 5G technology, and the irony here is that the US offers no competitive alternative to fill the gap. Europe's Nokia and Ericsson are both struggling to catch up with Huawei, while South Korea's Samsung is investing heavily in the technology but is still way behind China.
Hydropower generation grew by 3.2 percent year-on-year to 1.2 trillion kWh, and wind power generation surged 20 percent to 366 billion kWh. Meanwhile, photovoltaic power and biomass power generation reached 177.5 billion kWh and 90.6 billion kWh, growing 50 percent and 14 percent year-on-year respectively.
Huatai Securities noted infrastructure investment will continue to rise in the second and third quarter this year, estimating China will see infrastructure investment surge by 10 percent in 2019.
Huawei is confident 5G will bring great benefits to everyone, Hu said during a discussion titled "Strategic Outlook on Digital Economy" at this year's forum, which this year carries the theme "Globalization 4.0", also known as the "fourth industrial revolution".
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Huang Shisong, a researcher of the National Academy of Development and Strategy at Renmin University of China, said the booming industrial upgrade in the Beijing-Tianjin-Hebei region also attracted some workers from southern provinces.
Huang noted that it will be more robust than all other helicopters in China in terms of carrying capacity.
Hubley discovered that the show conducts online tests in search of new contestants once a year. So for the past four or five years, the 33-year-old?has been trying her hand at the free test in the hopes of attracting the attention of show recruiters.
Huawei is also stepping up efforts to buy more components and technologies from Japanese and European suppliers, so as to reduce reliance on US technologies and deepen its multi-vendor strategy to ensure sustainability in business development.