Ten inspection teams have been sent to 10 provincial-level regions in China to carry out the inspection that lasted one month.
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Telecom companies are facing mounting pressure as the benefits of 4G networks are nearing an end and they have to invest heavily in the R&D of 5G, the next generation mobile communication networks.
Television sales fell 6.6 percent last year, the biggest decrease since 2003, AVC data showed.
Tenzin was very generous with his tailoring skills. After his business success, many villagers came to Tenzin to learn how to make clothing. In less than two years, almost all families in Songduo village had their own tailor studios.
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Thanks to the Belt and Road Initiative and their comparative advantages in costs, private companies in the central and western regions of China outperformed their peers on the east coast, Zou noted.
Tencent is also branching out to reinvigorate and empower the real economy with its technologies. Defining its role as a "utility and infrastructure provider", the company enabled digital versions of existing physical stores and improve customer experience by upgrading technological capabilities via partnerships.
Thanks to the measures, the proportion of steel capacity being used rose to 84.7 percent of total capacity in 2017, up from 66.99 percent in 2015.
Tesla said in October that it is speeding up efforts to bring portions of Model 3 production to China in 2019, a schedule for Chinese startups Byton to launch their models, as well.