The name literally means "capital" in Kazakh and there has long been speculation it could at some point be renamed after the leader who shaped it, according to the Agence France-Presse.
The move is also part of Huawei's broader effort in AI. The company is working to offer a full-stack technological portfolio to support all AI application scenarios.
The model can combine advantages of the two countries: China has a strong government, financing support, and large and efficient production capacity; Japan has rich overseas experience, developed technology and advanced risk management mechanism, according to a 2019 study by EY(formerly Ernst & Young, a global business services firm).
The move came after drone attacks on Saudi Arabian oil production facilities on Saturday have raised global concerns over oil supplies.
The moral was to look beyond appearances. The clip on the popular Chinese short video platform Douyin, known as TikTok overseas, attracted nearly 2.2 million likes, and Human Observatory, the account that posted it, gained over 800,000 followers in a few days.
The moves aimed to boost effective investments and employment, and consolidate China's stable economic growth as credit and fiscal policy seemed tight in the first six months of this year, experts said.
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The move came after the city of Ningbo in east China's Zhejiang Province launched a sales promotion campaign with a raft of enterprises providing consumers with vouchers and coupons worth around 20 billion yuan.
The move aims to deepen reforms in streamlining administration, delegating power and optimizing services, said the ministry.
The move is expected to accelerate the upgrading and transformation of Konka in related strategic key sectors, as well as consolidate and strengthen its advantageous position by introducing partners, capital and business resources.
The most active crude oil contract for August 2020 delivery closed at 298.9 yuan (.65) a barrel.