Wang announced the goal last week in Shanghai when the company unveiled its first fuel cell MPV, which is also the first of its kind in the world.
Wang Yi speaks at a news conference on the sidelines of the annual session of the National People's Congress in Beijing, March 8, 2019. [Photo/Xinhua]
Wang Zhiqin, deputy director of the CAICT, said the 5G industry is expected to directly create over 3 million jobs as of 2025, with aggregate information consumption brought by the commercialization of the wireless technology surpassing 8.3 trillion yuan.
Wang said the forecasted drastic profit rebound is mostly a result of last year's low base, 528 million yuan for the first six months of 2016, its worst first-half profit since it was publicly listed in 2000, according to a stock exchange filing on Wednesday, citing Chinese accounting standards.
Wang said that a challenge for foreign insurers is that they will have to boost their capability to compete with Chinese insurers that already have solid market and sales channels in the country.
Wang also predicted that raising leeches has rosy market prospects and the profits are considerable, as only a few farmers are now raising leeches on the mainland.
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Wang Tao, vice-director general of QCloud and Tencent Education, shared the same sentiment, noting that the online classroom built by Tencent Education has helped 1.45 million students in primary and secondary schools overcome the physical barriers to learning during the pandemic.
Wang conceded that disagreements exist between China and the EU due to their different history, culture and development stage.
Wang frequently organizes activities to encourage people to visit their elderly relatives in Zigui.
Wang Yinchuan, head of the budget department of Chongqing finance bureau, said: "When we were selecting projects, we always considered the borrowers' ability to repay as soon as in five years."