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China has started the initial work on 6G technologies and commenced effective deployment of 5G technologies in the country by enabling two or more telecom operators to use a single base station for providing multiple services, the Ministry of Industry and Information Technology said on Thursday.
China has the third-largest equity and bond market in the world. Although foreign ownership of Chinese bonds and shares is so far only around 2 percent, analysts expect this to change, following an array of recent policies by the Chinese government that further open China's financial market.
China is projected to invest 4 billion on 5G by 2025, accounting for 49.73 percent of Asian mobile operators' 0 billion investment in 5G networks building between 2018 and 2025, according to a report The Mobile Economy Asia Pacific 2019 by Global System for Mobile Communications Alliance (GSMA).
China is one of the first countries to develop new energy vehicles, often called NEVs, to cut emissions and build a competitive car industry. It started to subsidize the sector in 2009 and 33.4 billion yuan had been earmarked by the end of 2015, according to statistics from the Ministry of Finance.
China is the world's largest market for electric vehicles with 1.5 million new energy-powered units sold by the end of 2018－and this means, fuel batteries are in great demand, even necessitating their recycling.
来源：资阳报