Li said the smartphone and television performance has been flat or weaker over the past year amid heavy competition from domestic smartphone brands like oppo and vivo. The company won't spin off the smartphone unit because it's a core part of the business, but it will likely go through a major restructuring this year, he said. TCL's smartphone shipments fell 39 percent in the first quarter of this year, according to the unit responsible for phone sales. The same subsidiary also builds BlackBerry and Alcatel phones, two brands hit by fading appeal.
Li tells leaders in Addis Ababa of hopes to expand cooperation
Liao and Ji suggested the country intensify efforts to train forensic and high-tech talent.
Li has stressed that the problem of long and cumbersome processes for registering immovable property remain quite acute, during a meeting in improving government functions in 2018. He urged that the government will shorten the time required by over two-thirds in five years and bring it down to within five working days.
Li said the international arena is undergoing fast development and tremendous changes, and the SCO is playing an increasing prominent role in maintaining stability, boosting economic growth and improving livelihoods.
Li further explained that Yulin has developed an industrial network centered on electricity and chemicals, especially with raw materials like coal, oil, gas and crude salt exploration.
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Li said in the letter that they should focus on win-win cooperation and cultivate more partnerships in industries such as smart cities, artificial intelligence and big data. Expanding cooperation will inject new vitality into the realization of lasting stability and prosperity in the region.
Like Chinese tea, hada scarves will continue to weave new chapters for cultural exchange across China and the world.
Li said China is willing to join Sweden in tackling the security threats and challenges facing the international community.
Li learned about the impact of the macro economy on businesses at Shanghai Electric Group Co, one of the largest equipment manufacturing conglomerates in China.