Goldman Sachs estimates that China's capital expenditure on 5G could peak at billion this year, up from billion last year. And the spending by 2025 will reach .4 trillion.
Greater focus will be placed on supporting the recovery of the real economy and sustainable development, the People's Bank of China (PBOC) said in its second-quarter monetary policy report, vowing to apply and innovate multiple policy tools to maintain reasonable and sufficient liquidity.
Gu, 58, worked his way up from an entry-level technician to a tycoon with several large refrigeration and appliance companies. He was arrested in 2005. A final court ruling by the Guangdong High People's Court in 2009 sentenced Gu to 10 years in prison for falsifying and withholding information and embezzlement. He also was fined 6.8 million yuan (.03 million).
Government ministers and security officials have defended the United Kingdom's apparent refusal to ban Huawei from building its 5G network infrastructure in Britain, amid criticism that the move poses a national security risk.
Guangdong police detained 48 suspected gamblers after busting a major cross-border online gambling case in cooperation with their Hong Kong counterparts in a special operation launched on Sunday.
Guangdong province, one of China's economic powerhouses, will aim to achieve an average GDP growth rate of 7 percent over the next five years, its top official said on Monday.
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Google is also pouring resources into its own voice tech, namely Google Assistant and Google Home. Apple is doing the same with Siri and its HomePod.
Google and Amazon?are constantly overlapping, often times taking a slightly different approach to the market. In this case, it’s no different.
Gu Huazeng, 65, found a spouse for her son at the park, but is reluctant to encourage others to follow suit. "It was more a matter of luck," she said.
Growth of investment in Indonesia, Vietnam, India and Pakistan amounted to more than 100 percent on an annual basis in the same year. Investment in Indonesia, for example, reached 4 million in 2015, representing a four-fold increase from the previous year.