Wang said at the company's program launching ceremony on Wednesday that ICT has become an important growth engine for many different industries. As a global ICT leader, Huawei is committed to promoting ICT industry development in the countries in which it operates, and aims to drive long-term economic, social and environmental sustainability.
Wang noted that globalization and collaboration have led to the booming economic success of bay areas worldwide, while cautioning that restrictions on the flow of technology and intellectual property only led to "self-imposed isolation".
Wang Zhaoxing, former vice-chairman of the China Banking and Insurance Regulatory Commission, said that China has ample fiscal and monetary policy tools to boost investment and demand as the country's inflationary pressure is relatively low, and it has more room to adjust its interest rates compared with other major global economies.
Wang said that a series of high-level exchanges have been scheduled this year. China is willing to work closely with Russia, in a bid to enhance the friendship and mutual trust of the two presidents and work for new progress of the China-Russia comprehensive strategic partnership of coordination in a new era.
Wang Shujing, president of Reforce Intelligent Technology Company, said that he believes that the country's supportive policies toward private enterprises will not be changed.
Wang noted that China and Ethiopia upgraded their relations to a comprehensive strategic partnership of cooperation in May when Ethiopian Prime Minister Hailemariam Desalegn was in China for the Belt and Road Forum for International Cooperation.
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Wang said China does not seek to split the EU but aims to help promote more balanced development of European nations through its cooperation with Central and Eastern European countries.
Wang said the resumption of diplomatic ties between the two countries has not only brought bilateral relations back to the right track, but also opened up broad prospects for cooperation.
Wang Yi, chief executive officer of Liulishuo, the developer of an AI-powered English training app, said that his company is a beneficiary of this support, with the government providing 10 apartments that its senior talents can rent at a favorable rate.
Wang Qing, deputy director of the Institute of Market Economy under the Development Research Center of the State Council, noted that "to develop the sharing economy, the basic system of the internet-based economy should be improved, such as establishing rules to protect consumers, to ensure fair competition and to promote cross-border integration. In addition, we need to solve the contradiction between traditional regulatory methods and innovative development requirements, and introduce new supervision mechanism."