Huang brought attention to a tough stance on foreign trade in the second half of this year due to a higher comparison basis, uncertainties in the global environment and deep-seated problems in the domestic economy.
Huawei is the world's second-largest smartphone vendor and a leading maker of telecom gear. It has more than 2,000 component and service suppliers, a significant part of which are American companies including Qualcomm Inc and Intel Corp, said Cheng Cheng and Li Yajun, analysts at Guosen Securities in a research note.
Huang Yiping, director of the Digital Finance Research Center of Peking University, said efficient, low-cost fintech sector can play an important role to help ease financing woes of private enterprises.
Huzhou is exploring new financing mechanisms to speed up the development of green finance. [Photo/VCG]
Humen, a district of Dongguan, a production base for garments and cables, had 88,000 market entities in 2017, up 16.3 percent. Last year, industrial electricity consumption grew by 10.8 percent. The number of high-tech companies rose from 76 to 170.
Huawei and Samsung declined to comment on the story.
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Hunan-based CRRC Zhuzhou Locomotive Co Ltd studied Germany's obsession with precision, strict schedules and technical finesse before sealing in late June a deal with Deutsche Bahn to export 20 hybrid shunting locomotives.
Huang pledged that the province would continue to expand cooperation with counterparts overseas to find Chinese fugitives.
Human-oriented tech
Huawei Video will also provide feedback for content creation based on user demand data, which allows its partners to know consumer preferences for video content as well as their watching habits.