In the first half of 2020, total 5G expenditures by the three telecom operators reached nearly 88 billion yuan (.72 billion), and the yearly budget in this area is estimated to exceed 180 billion yuan, Economic Information Daily reported.
In the global market, Huawei is strategically opening up new regions and cloud services, aiming to strike the right balance between its partnership with global telecommunication providers and its own cloud operations expansion, Dai said.
In the first ten months, local governments issued 4.1 trillion yuan of bonds in total. The bonds were issued with an average maturity of six years and an average interest rate of 3.9 percent, the MOF said.
In the first six months of the year, Mercedes-Benz delivered more than 346,000 new cars to its customers in China, basically returning to the level of the same period last year, data from the German automaker showed.
In the first three quarters of this year, China's paid-in foreign investment saw a year-on-year increase of 2.5 percent to hit 3.26 billion, according to the Statistical Bulletin of China's Foreign Direct Investment (FDI) 2020, released by the Ministry of Commerce (MOC) at the ongoing third China International Import Expo.
In the early morning of Nov 30, when the temperature was below-20 C in the border city of Manzhouli in the Inner Mongolia autonomous region, hundreds of people were waiting near a construction site to witness an engineering miracle.
抚州怎样读高中或中专
In the domestic market, Hyundai's car sales fell 1.7 percent to 344,130 vehicles, while the figure in overseas markets slumped 9.3 percent to 1,853,559 units in the cited period.
In the first five months, industrial output rose 6.7 percent year on year.
In the first two months, the country's tax revenue increased by 18.4 percent year-on-year, up by 1.8 percentage points compared to one year earlier. In breakdown, domestic value-added tax increased by 22.3 percent, domestic consumption rate increased by 29.5 percent and corporate income tax increased by 14.8 percent.
In the first quarter of this year, GDP grew by 6.8 percent year-on-year, and an average of 15,000 new businesses were registered every day. The Purchasing Managers' Index, at 51.4 percent in April, pointed to continued expansion of the overall economy. In the first four months this year, freight volume and electricity consumption increased by 6.3 percent and 10.1 percent respectively; tax revenue registered an over 16 percent growth.