Lenovo is introducing upstream and downstream companies within its industrial chain to Liangjiang, which will help complete Liangjiang's smart industrial chain and promote Chongqing's 5G industry's access to internationally advanced technologies.
Li Li, energy research director at ICIS China, said while ideally the independent refiners can shift to producing more high-end products, expediting refining and chemical integration with cleaner and higher-quality products and high-end petrochemicals to avoid their margins being further crushed, small-sized teapots, which are not capable of stepping up scale in production with further investment, will still be weeded out in the future.
Lenovo said combining its years of accumulated knowledge in artificial intelligence and big data technologies with its experience in helping clients achieve intelligent transformation can help the company better serve more industries.
Li Lei contributed to this story.
Li Haihua, an expert at the China Academy of Information and Communications Technology, said it is of vital importance to promote the industrial internet, which is a key element in bringing new vitality to China's sprawling manufacturing sector.
Lensi Technology Co Ltd, China's largest manufacturer of mobile phone glass, said the impact of the epidemic on the company is limited in both its short-term and long-term production. As a global component supplier of smartphones, Lansi Technology's rapid recovery of its production capacity props up the smooth operation of consumer electronics industry chains such as Apple and Huawei.
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Li Shufu, chairman of Zhejiang Geely Holding Group and Robin Li, founder, chairman and CEO of Baidu, revealed the deal at the 2019 Baidu Create, Baidu's AI development conference in Beijing.
Less than 10 percent of packaging materials are recycled, Zeng said.
Li Fan, senior dealer with Bank of China, dismissed Moody's downgrade as one-sided views. He said credit default swap for China's five-year government debt maintains at around 80 basis points this year - the figure once jumped as high as 150 basis points in previous years.
Li Xunlei, chief economist at Zhongtai Securities Co Ltd, said that the monetary authority will likely guide more on-balance sheet bank loans into the markets to ensure sufficient credit supply after the regulators moved to contain surging risky off-balance sheet financing by banks.