The price is about 2,000 yuan to 3,000 yuan lower than 5G alternatives unveiled by domestic rivals such as Huawei Technologies Co and foreign competitors such as Samsung Electronics Co, and falls in the same price range as some of the 4G handsets currently selling in the market.
The project is also the first to employ China's self-developed 1,960-megapascal cable wire, a technological breakthrough that will boost future bridge construction in China.
The president said he believed the comprehensive strategic partnership of coordination between China and Russia would generate new opportunities and achieve new results.
The promotion of automatic hydrological monitoring facilities has effectively improved the accuracy and timeliness of the reservoirs' operations. While all of the ministry's stations for precipitation and water levels have resorted to automatic monitoring facilities, such facilities have been used in 30 percent of its hydrological stations.
The program, namely the TXG Sustainability Business Accelerator Program, will focus on helping high-quality startups by connecting them with businesses and capital, engaging and empowering the next generation through innovation and entrepreneurship.
The program is a successful joint operation, co-sponsored by China General Chamber of Commerce in LA, Hainan Airlines, Greenland Hotels, and others, and implemented by the Sister Cities of Los Angeles organization.
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The process of elimination concludes with a final round and a champion selected on Tuesday.
The premier stressed at the meeting that the move focuses on small and micro-companies, but will also give the whole economy a shot in the arm.
The premier stressed that the necessity to develop healthcare industries cannot be overstated. It has great potential as people's lives improve but remains in short supply. The key is to transform governmental functions and further administrative reforms, he said.
The project significantly boosts transport capacity across Qiongzhou Strait and interconnectivity between provinces of Guangdong and Hainan, said Li Jing, director of Guangdong provincial department of transport.